Shanghai NAR Industrial Co., Ltd. (hereinafter referred to as "the Company") announces the completion of the repurchase and cancellation of restricted stocks.
Special Reminder:
- The total number of restricted stocks repurchased and canceled by the Company is 130,000 shares, accounting for 0.04% of the Company's total share capital of 34,153,512.7 shares before the repurchase and cancellation, and has been approved by the Board of Directors and the shareholders' meeting.
- The repurchase involves 130,000 shares of restricted stock held by three employees, accounting for 0.04% of the Company's total share capital, with a repurchase price of RMB 4.67 per share, totaling RMB 607,100.
- The Company has completed the repurchase and cancellation procedures for the above-mentioned restricted stocks at the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. After the completion of this repurchase and cancellation, the total number of shares of the Company will change from 34,153,512.7 shares to 34,140,512.7 shares.