001301SZSE

Audit Committee's Review Opinion on Adjusting the Repurchase Price of the First Tranche of the 2023 Restricted Stock Incentive Plan and Repurchasing and Canceling Part of the Restricted Shares

✨ AI Summary

The Audit Committee reviewed and approved the adjustment of the repurchase price for the first tranche of the 2023 Restricted Stock Incentive Plan and the repurchase and cancellation of 46,200 restricted shares from 7 employees who are no longer eligible. This adjustment is in compliance with regulations and will not materially impact the company's financial status or shareholder interests.

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Full Translation

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Hebei Shijiazhuang Shidai Technology Co., Ltd. Second Board of Directors Audit Committee Review Opinion on Adjusting the Repurchase Price of the First Tranche of the 2023 Restricted Stock Incentive Plan and Repurchasing and Canceling Part of the Restricted Shares

The Second Board of Directors Audit Committee of Hebei Shijiazhuang Shidai Technology Co., Ltd. (hereinafter referred to as the "Company") deliberated and passed the "Proposal on Adjusting the Repurchase Price of the First Tranche of the 2023 Restricted Stock Incentive Plan" and the "Proposal on Repurchasing and Canceling Part of the Granted and Unvested Restricted Shares." The Audit Committee believes:

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