000422SZSE

Announcement on the Completion of Repurchase and Cancellation of Part of the Restricted Stock Incentive Plan for 2024

✨ AI Summary

This announcement details the completion of the repurchase and cancellation of 663,700 restricted stocks under the 2024 incentive plan, representing 0.06% of the company's total shares. The repurchase price was set at 4.02 yuan per share, totaling 2,677,478.62 yuan. Following this action, the company's total share capital will decrease from 1,088,248,412 shares to 1,087,584,712 shares.

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Full Translation

AI Translation· azure_openai

Securities Code: 000422
Securities Abbreviation: Hubei Yihua
Announcement Number: 2026-027

Hubei Yihua Chemical Co., Ltd. announces the completion of the repurchase and cancellation of part of the restricted stocks under the 2024 Restricted Stock Incentive Plan.

Special Reminder:

  1. Hubei Yihua Chemical Co., Ltd. (hereinafter referred to as "the Company") has repurchased and canceled 663,700 restricted stocks granted to 16 incentive recipients under the 2024 Restricted Stock Incentive Plan (hereinafter referred to as "the Incentive Plan"), which have not yet been released from restrictions. This represents 0.06% of the Company's total share capital before the repurchase. The repurchase price is 4.02 yuan per share or 4.02 yuan per share plus the interest of the bank's term deposit for the same period, with a total repurchase amount of 2,677,478.62 yuan.
  2. After the completion of this repurchase and cancellation, the Company's total share capital will change from 1,088,248,412 shares to 1,087,584,712 shares.
  3. As of the date of this announcement, the Company has completed the repurchase and cancellation procedures with the Shenzhen branch of China Securities Depository and Clearing Corporation Limited.

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