Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company") held the 22nd meeting of the third board of directors and the 17th meeting of the third supervisory board on November 28, 2025, where it reviewed and approved the proposal on the repurchase and cancellation of certain restricted stocks under the 2025 Restricted Stock Incentive Plan. This proposal is subject to approval at the Company's third extraordinary general meeting of shareholders in 2025. The relevant matters are announced as follows:
001255SZSE
Announcement on the Repurchase and Cancellation of Certain Restricted Stocks under the 2025 Restricted Stock Incentive Plan
✨ AI Summary
Zhejiang Bofei Electric Co., Ltd. announced the repurchase and cancellation of 114,000 restricted stocks due to the departure of two incentive plan participants. The repurchase price is set at 12.98 yuan per share, totaling 1,479,720 yuan. This action is not expected to significantly impact the company's financial status or operations.
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