002291SZSE
🚨 Material Event

Amendment to Articles of Association

✨ AI Summary

The company is amending its Articles of Association to reflect a reduction in registered capital and total share capital due to the repurchase and cancellation of 7,360,000 restricted shares. This action is necessitated by employee departures and the company's failure to meet performance targets for the 2025 incentive plan. The amendment requires shareholder approval.

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Full Translation

AI Translation· gemini_document

Amendment to the Articles of Association

Pursuant to the repurchase and cancellation of all 800,000 restricted shares granted to 5 incentive plan participants who have resigned and are no longer eligible, and the repurchase and cancellation of 6,560,000 restricted shares from 38 incentive plan participants whose first vesting period has not yet passed due to the company failing to meet its 2025 performance targets, a total of 7,360,000 restricted shares will be repurchased and cancelled. Following this repurchase and cancellation, the company's total share capital will decrease by 7,360,000 shares. The company's registered capital will also be reduced from RMB 935,130,353 to RMB 927,770,353.

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