Chenguang New Materials announced that one of the original incentive recipients left their job due to personal reasons and did not meet the requirements of the 2024 Restricted Stock Incentive Plan. The company plans to repurchase and cancel the 60,000 restricted shares it has been granted but the sales restrictions have not yet been lifted. The repurchase price is 6.03 yuan/share. The company applied to Zhongdeng Company for repurchase, transfer and cancellation procedures on December 17, and the cancellation is expected to be completed on December 25. After cancellation, the total share capital of the company will be reduced from 312,241,328 shares to 312,235,328 shares, and the remaining equity incentives will be 678,000 restricted shares.

Chenguang New Materials announced that one of the original incentive recipients left their job due to personal reasons and did not meet the requirements of the 2024 Restricted Stock Incentive Plan. The company plans to repurchase and cancel the 60,000 restricted shares it has been granted but the sales restrictions have not yet been lifted. The repurchase price is 6.03 yuan/share. The company applied to Zhongdeng Company for repurchase, transfer and cancellation procedures on December 17, and the cancellation is expected to be completed on December 25. After cancellation, the total share capital of the company will be reduced from 312,241,328 shares to 312,235,328 shares, and the remaining equity incentives will be 678,000 restricted shares.