300540SZSE

Announcement on the Repurchase and Cancellation of Part of the Restricted Stock to Notify Creditors

✨ AI Summary

Sichuan Shudao Equipment Technology Co., Ltd. announced the repurchase and cancellation of 1,967,280 shares of restricted stock due to unmet performance targets. The repurchase price is set at 6.76 yuan per share, affecting 133 incentive recipients. Following this action, the total number of shares will decrease from 229,559,110 to 227,591,830.

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Full Translation

AI Translation· azure_openai

Announcement on the Repurchase and Cancellation of Part of the Restricted Stock to Notify Creditors

Securities Code: 300540
Securities Abbreviation: Shudao Equipment
Announcement Number: 2026-012

I. Reason for Notifying Creditors

Sichuan Shudao Equipment Technology Co., Ltd. (hereinafter referred to as "the Company") held the tenth meeting of the fifth board of directors on March 27, 2026, and approved the proposal on the repurchase and cancellation of part of the restricted stock. According to the relevant provisions of the "Sichuan Shudao Equipment Technology Co., Ltd. 2023 Restricted Stock Incentive Plan (Revised Draft)" (hereinafter referred to as "the Incentive Plan") and the "Sichuan Shudao Equipment Technology Co., Ltd. 2023 Restricted Stock Incentive Plan Implementation Assessment Management Measures (Revised Draft)," if the performance assessment target for a certain release period of restricted stock is not met, all incentive recipients may have their restricted stock that can be released during that period repurchased and canceled by the Company at the lower of the grant price or the market price.

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