Keli Sensing to reduce capital via stock repurchase
Keli Sensing Technology (SSE:603662) announced plans to reduce its registered capital following shareholder approval to repurchase and cancel 829,558 restricted shares. This action is prompted by the departure of two employees and the company's failure to meet 2024 performance targets outlined in its 2022 stock incentive plan. The repurchase will decrease the total number of outstanding shares from 281,659,426 to 280,829,868, reducing registered capital from CNY281,659,426 to CNY280,829,868. The company is notifying creditors, who have 30-45 days to demand debt repayment or guarantees. The deadline for creditors to exercise their rights is within 45 days of the announcement.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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