Hefei Xueqi Electric Co., Ltd. (hereinafter referred to as "the Company") held the tenth meeting of the second board of directors on June 4, 2026, where it reviewed and approved the proposal regarding the repurchase and cancellation of certain restricted stocks from the 2025 stock incentive plan and the adjustment of the repurchase price. The board agreed to repurchase and cancel 36,959 restricted stocks that are not eligible for release from the first unlock period of the 2025 stock incentive plan, adjusting the repurchase price to 6.97 RMB per share.
001387SZSE
Announcement on the Repurchase and Cancellation of Certain Restricted Stocks from the 2025 Stock Incentive Plan and Adjustment of Repurchase Price
✨ AI Summary
Hefei Xueqi Electric Co., Ltd. announced the repurchase and cancellation of 36,959 restricted stocks from its 2025 stock incentive plan due to unmet performance targets. The repurchase price has been adjusted to 6.97 RMB per share. This decision was approved by the board on June 4, 2026, and aims to comply with relevant regulations while maintaining shareholder interests.
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