Securities Code: 301500 Securities Abbreviation: Feinan Resources Announcement No.: 2026-031 Guangdong Feinan Resources Utilization Co., Ltd. Announcement on Capital Reduction Due to Repurchase and Cancellation of Part of Restricted Shares The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions. Guangdong Feinan Resources Utilization Co., Ltd. (hereinafter referred to as the "Company") held the Seventh Meeting of the Audit Committee of the Third Board of Directors and the Seventh Meeting of the Third Board of Directors on April 24, 2026, and convened the 2025 Annual Shareholders' Meeting on May 18, 2026. The proposal "Proposal on Repurchasing and Cancelling Part of the Restricted Shares of the 2024 Restricted Stock I
301500SZSE
Announcement on Capital Reduction Due to Repurchase and Cancellation of Part of Restricted Shares
✨ AI Summary
Guangdong Feinan Resources Utilization Co., Ltd. announced a capital reduction following the repurchase and cancellation of 869,236 restricted shares. This action is due to employees leaving and unmet performance targets for the 2024 incentive plan. The company's total share capital and registered capital will decrease accordingly. Creditors have 45 days to claim debts or request guarantees.
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