Core Viewpoint - The company has announced adjustments to the repurchase price and quantity of restricted stock under its 2024 incentive plan, including the repurchase and cancellation of 45,136 shares of restricted stock due to the departure of one incentive recipient and performance issues of others [1][10][11]. Summary by Sections Approval Process and Disclosure - The company held board and supervisory meetings to approve the adjustments to the 2024 restricted stock incentive plan, which included public disclosure and no objections received during the public notice period [2][3][4]. Reasons for Repurchase and Cancellation - The repurchase of restricted stock is due to one recipient leaving the company and 18 others failing to meet performance criteria, as stipulated in the incentive plan [5][6][10]. Repurchase Price, Quantity, and Funding - The adjusted repurchase price for the restricted stock is set at 7.6786 yuan per share, calculated after accounting for dividends and capital increases. The total repurchase involves 11,200 shares from the departing employee and 33,936 shares from those not meeting performance standards, totaling approximately 347,591.49 yuan funded by the company's own resources [8][9][10]. Changes in Share Capital Structure - Following the repurchase, the company's total share capital will decrease from 234,962,318 shares to 234,917,182 shares, with a slight change in the proportion of restricted and unrestricted shares [9][10]. Impact of Adjustments - The adjustments to the repurchase price and quantity will not significantly affect the company's financial status or operational results, nor will they impact the management team's motivation and stability [10][11]. Opinions from Committees - Both the compensation and audit committees have expressed that the adjustments comply with relevant regulations and do not harm the interests of the company or its shareholders [10][11].

Core Viewpoint - The company, Sichuan Zigong Transportation Machinery Group Co., Ltd., announced an adjustment to the conversion price of its convertible bonds, "Yunji Convertible Bonds," from RMB 17.18 per share to RMB 12.09 per share, effective from May 16, 2025, due to the implementation of its 2024 annual profit distribution plan [2][8]. Group 1: Convertible Bond Adjustment - The initial conversion price of "Yunji Convertible Bonds" was RMB 17.67 per share, which was adjusted to RMB 17.42 per share before the latest adjustment [6]. - The adjustment to the conversion price is based on the company's annual profit distribution plan, which includes a cash dividend of RMB 2.50 per 10 shares and a capital reserve increase of 4 shares for every 10 shares held [8][11]. - The calculation for the new conversion price was as follows: P1 = (P0 - D) / (1 + n), where P0 is the previous conversion price, D is the cash dividend per share, and n is the capital increase rate [8]. Group 2: Profit Distribution Plan - The company’s 2024 annual profit distribution plan was approved on April 29, 2025, with a total share capital of 167,829,937 shares as the basis for the distribution [11][12]. - The total cash dividend expected to be distributed is approximately RMB 41.96 million, and the total number of shares to be increased is 67,131,974, resulting in a new total share capital of 234,961,911 shares [12][15]. - The record date for the profit distribution is May 15, 2025, and the ex-dividend date is May 16, 2025 [17].