Core Viewpoint - Northeast Pharmaceutical Group Co., Ltd. has adjusted the repurchase price of its 2022 restricted stock incentive plan from 2.716 yuan/share to 2.416 yuan/share due to the implementation of annual profit distributions for 2022, 2023, and 2024 [1][5]. Summary by Sections Adjustment Background - The repurchase price adjustment is triggered by three annual profit distributions from 2022 to 2024, with specific distributions being: - In May 2023, a cash dividend of 1 yuan per 10 shares was distributed, equating to 0.1 yuan per share based on a total share capital of 1.434 billion shares [2]. - In May 2024, a similar distribution was made based on a total share capital of 1.429 billion shares [2]. - In May 2025, another distribution was made based on a total share capital of 1.427 billion shares [2]. Adjustment Plan - The cumulative impact of the three profit distributions results in a total dividend of 0.3 yuan/share, calculated as follows: - Adjusted repurchase price (P) = Initial price (P0) - Total dividend (V) [3][4]. Specific Adjustment Process - The initial repurchase price was 2.716 yuan/share, and after deducting the cumulative dividend of 0.3 yuan/share, the new repurchase price is set at 2.416 yuan/share [4]. Compliance and Impact - The adjustment has undergone necessary internal approval processes and is confirmed to comply with relevant regulations, ensuring it does not materially affect the company's financial status or the implementation of the incentive plan [5]. - The adjustment is characterized as a routine technical adjustment following profit distributions, aimed at maintaining fairness and accuracy in the incentive plan [5]. Review of Incentive Plan - The 2022 restricted stock incentive plan was initiated in May 2022 and has undergone several phases, including: - Initial grant registration completed in July 2022, with 76.51 million shares granted [6]. - Reserve grant registration completed in November 2022, with 9.933 million shares granted [6]. - By March 2025, over 78 million shares had been released from restrictions [6]. - The adjustment reflects the company's meticulous management of the equity incentive mechanism, which helps to continuously align the interests of the core team with the company's long-term development [6].

Core Points - The company announced the cancellation of part of the restricted stock incentive plan from 2022 due to unmet performance targets for the second vesting period [1] - The performance targets required a revenue growth rate of no less than 60% based on 2022 figures for both revenue and net profit by 2024 [1] - The audit report indicated that the company did not meet the specified performance goals, resulting in the forfeiture of a total of 128,000 shares for all incentive participants [1]

Core Viewpoint - The company has adjusted the repurchase price of the restricted stock incentive plan from 2.77 CNY/share to 2.67 CNY/share due to the implementation of the 2024 profit distribution plan, which includes a cash dividend of 1 CNY for every 10 shares [1][3][4]. Group 1: Background of the Incentive Plan - The restricted stock incentive plan was approved in August 2022, granting 19.97 million shares to 223 participants at a price of 4.13 CNY/share [2]. - The plan has undergone multiple approvals and implementations, with the board reviewing related matters periodically [2]. Group 2: Details of the Price Adjustment - The adjustment is based on the formula that accounts for cash dividends affecting stock prices, specifically reducing the repurchase price by the dividend amount of 0.1 CNY/share [3]. - The new repurchase price is calculated as follows: 2.77 CNY - 0.1 CNY = 2.67 CNY/share [3]. Group 3: Impact on the Company and Compliance - The company stated that the price adjustment will not materially affect its financial status or operational results [4]. - The adjustment has followed necessary internal approval processes, with legal opinions confirming compliance with relevant laws and regulations [4]. Group 4: Future Considerations - Following the price adjustment, the company will handle any future repurchase and cancellation of restricted stocks at the new price [5]. - Market analysts suggest that this adjustment is a standard practice to maintain the fairness and effectiveness of the incentive plan, potentially enhancing the motivation of the core team [5].

Meeting Overview - The 18th (temporary) meeting of the 8th Board of Directors of the company was held on September 12, 2025, via communication voting, with all 11 directors present [2][3]. Board Resolutions - The Board unanimously approved the proposal regarding the achievement of the third unlock period for the initial grant of the 2022 restricted stock incentive plan, allowing 1,568 incentive objects to unlock a total of 37,600,462 shares, which represents 1.43% of the company's total share capital [3][25]. - The Board agreed to adjust the repurchase price of the restricted stock from 5.17 yuan/share to 5.07 yuan/share following the distribution of cash dividends of 0.1 yuan/share [4][42]. - The Board approved the repurchase and cancellation of 1,786,669 shares of restricted stock due to 142 incentive objects failing to meet unlock conditions, with 70 leaving the company and 72 not meeting performance standards [7][19]. Supervisory Board Resolutions - The Supervisory Board confirmed the achievement of unlock conditions for the same 1,568 incentive objects and 37,600,462 shares, validating the performance assessment and compliance with legal procedures [14][15]. - The Supervisory Board also approved the adjustment of the repurchase price to 5.07 yuan/share and confirmed that the adjustment does not harm the interests of the company and its shareholders [16][20]. - The Supervisory Board agreed to the repurchase and cancellation of the same 1,786,669 shares, affirming compliance with relevant regulations [19][21]. Legal and Compliance - The company has ensured that all resolutions and actions taken regarding the restricted stock incentive plan comply with the relevant laws and regulations, as confirmed by legal opinions from Guangdong Nanguo Desai Law Firm [40][41].

Core Points - Chongqing Department Store Co., Ltd. announced a buyback and cancellation of 22,500 restricted stocks from the 2022 incentive plan due to performance assessments [1][2] - The adjusted buyback price is set at 7.42674 yuan per share, down from the initial price of 10.145 yuan per share [2] - Following the buyback, the total share capital will decrease from 440,475,577 shares to 440,453,077 shares, with limited circulation shares reducing from 247,992,733 shares to 247,970,233 shares [3] Incentive Plan Review - The 2022 restricted stock incentive plan was initiated in July 2022, granting 4.63 million shares to 51 incentive targets after board and shareholder approvals [2] - Adjustments were made to performance targets, leading to the buyback of stocks from four individuals whose performance was rated as good, not excellent [2] - The buyback represents 0.49% of the total restricted stocks granted and 0.0051% of the total share capital before the buyback [2] Share Structure Changes - The buyback will not significantly impact the company's financial status or operational results, as stated in the announcement [3] - The management team will continue to work towards creating value for the company and its shareholders [3]

Core Viewpoint - The legal opinion letter addresses the repurchase and cancellation of part of the restricted stock incentive plan by Zhejiang Tiantai Xianghe Industrial Co., Ltd, confirming that the actions taken are in compliance with relevant laws and regulations [2][12]. Group 1: Approval and Authorization - On November 22, 2022, the company held the 11th meeting of the third board of directors, approving various proposals related to the 2022 restricted stock incentive plan [4]. - The company’s supervisory board also approved the relevant proposals on the same day, confirming the legality and effectiveness of the incentive object personnel list [4][5]. - The company disclosed the draft of the 2022 restricted stock incentive plan on November 23, 2022, and conducted a public notice period for the incentive objects [5]. Group 2: Repurchase and Cancellation Details - On April 24, 2023, the company approved the repurchase and cancellation of 15,000 shares of restricted stock due to the voluntary resignation of certain incentive objects [7]. - The repurchase was completed on June 21, 2023, with the cancellation of the specified shares [7]. - The company held meetings on September 1, 2023, to approve the granting of reserved restricted stock, confirming that the conditions for granting had been met [8]. Group 3: Price Adjustment and Funding - The repurchase price for the restricted stock was adjusted to 4.32 yuan/share and 4.05 yuan/share due to the profit distribution in 2024 [12][13]. - The funds for the repurchase of the restricted stock will come from the company’s own funds [13]. Group 4: Conclusion and Compliance - The legal opinion concludes that the company has obtained the necessary approvals for the repurchase and cancellation of restricted stock, and that all actions comply with the relevant laws and regulations [12][14].

Core Viewpoint - The company has adjusted the grant price of restricted stock under the 2022 incentive plan from 23.24 yuan per share to 23.09 yuan per share due to the implementation of the 2024 annual profit distribution plan [1][7]. Summary by Relevant Sections 1. Basic Information of the 2022 Incentive Plan - The company has approved the 2022 restricted stock incentive plan, which includes provisions for the adjustment of the grant price [1][2]. - Independent directors and the supervisory board have provided their opinions on the plan, confirming its compliance with regulations [2][3]. 2. Adjustment Details - The adjustment of the grant price is based on the profit distribution of 1.46 yuan per share, leading to a new grant price of approximately 23.09 yuan per share [6][7]. - The adjustment method follows the formula: P = P0 - V, where P0 is the original grant price and V is the dividend per share [6]. 3. Impact of the Adjustment - The adjustment of the grant price will not have a substantial impact on the company's financial status and operating results [7]. 4. Opinions from the Board and Legal Counsel - The board's remuneration and assessment committee has confirmed that the adjustment process is compliant with relevant laws and regulations, and does not harm the rights of the company and its shareholders [7][8]. - Legal opinions have been obtained, confirming that the necessary approvals for the adjustment have been secured [8].

Core Viewpoint - The report discusses the approval and conditions for the third vesting period of the 2022 restricted stock incentive plan for Jiangsu Tiannai Technology Co., Ltd, indicating that the vesting conditions have been met for 59 incentive recipients, allowing for the allocation of 100,240 shares [10][16]. Summary by Sections Section 1: Incentive Plan Overview - The 2022 restricted stock incentive plan aims to motivate core technical and management personnel through stock grants, with specific vesting conditions outlined [1][3]. Section 2: Approval Process - The necessary approval procedures for the incentive plan have been completed, including resolutions from the board and independent directors, confirming the legitimacy of the plan [4][5]. Section 3: Vesting Conditions - The vesting conditions for the third period include company performance metrics such as revenue growth targets, with specific goals set for 2024 [13][15]. Section 4: Performance Metrics - The performance targets include a 110% increase in revenue compared to 2021, a 60% increase in overseas brand customer sales, and a 60% increase in third-generation product sales [13][15]. Section 5: Allocation Details - A total of 100,240 shares are eligible for vesting, representing 39.84% of the total restricted stock granted to the 59 recipients [16]. Section 6: Conclusion - The independent financial advisor confirms that the vesting conditions have been met and that the plan complies with relevant laws and regulations [16].

Core Viewpoint - The legal opinion letter confirms that Shenzhen Zhili Fang Automation Equipment Co., Ltd. has obtained the necessary approvals and authorizations for the repurchase and cancellation of part of the restricted stock incentive plan from 2022, in accordance with relevant laws and regulations [1][14]. Group 1: Approval and Authorization - On December 22, 2022, the company held its 14th meeting of the first board of directors, approving the draft of the 2022 restricted stock incentive plan and related proposals [4]. - The company conducted an internal announcement of the incentive plan from December 23, 2022, to January 2, 2023, with no objections received [5]. - On January 9, 2023, the company held its first extraordinary general meeting of shareholders, which approved the relevant proposals regarding the incentive plan [6]. Group 2: Repurchase and Cancellation Details - The repurchase and cancellation of restricted stocks are due to four incentive objects who have left the company and no longer qualify for the incentive [12]. - The initial grant was for 20,000 shares at a price of 30.8 yuan per share, which was adjusted to 42,091 shares at a repurchase price of 15.174 yuan per share after annual equity distributions [13]. - The funds for the repurchase will come from the company's own funds [13]. Group 3: Conclusion and Next Steps - The legal opinion concludes that the repurchase and cancellation have met the necessary approvals and comply with relevant regulations, but still require submission to the shareholders' meeting for final approval [14]. - The company must also complete the necessary legal procedures for the cancellation of the restricted stocks and fulfill disclosure obligations [14].

Group 1 - The independent directors of Nine Limited held their third special meeting of the third board on August 26, 2025, with all members present, complying with relevant regulations [1] - The independent directors unanimously agreed on the proposal regarding the achievement of vesting conditions for the first grant of the 2022 Restricted Stock Incentive Plan, confirming that 204 incentive objects met the qualification criteria [1][2] - The independent directors also approved the proposal to cancel 299,959 unvested restricted stocks, stating that it aligns with legal regulations and does not harm the interests of depositary receipt holders [2]