Beijing Beiwai Communication Technology Co., Ltd. announces the completion of the repurchase and cancellation of part of the restricted stocks under the 2024 Restricted Stock Incentive Plan. The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
- This repurchase and cancellation involves 236,000 restricted stocks related to 10 departing incentive recipients, accounting for 3.69% of the total restricted stocks granted under the 2024 incentive plan and 0.04% of the company's total share capital before cancellation. Among these, 186,000 stocks were granted but not unlocked for 8 departing initial grant recipients, representing 3.16% of the total initial grant under the plan; 50,000 stocks were granted but not unlocked for 2 departing reserved grant recipients, accounting for 9.80% of the total reserved grant under the plan.
- The total amount of funds for this repurchase is 637,538.63 RMB, all sourced from the company's own funds.
- The company completed the repurchase and cancellation procedures on May 25, 2026, at the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. After this cancellation, the total number of shares of the company decreased from 558,987,330 shares to 558,751,330 shares.