FilingReader Intelligence

Qianhe Condiment cancels 2.25m shares after performance miss

July 14, 2025 at 09:10 AM UTC•By FilingReader AI

Qianhe Condiment and Food Co will repurchase and cancel 2.25 million restricted shares valued at 7.482 yuan each by July 2025.

The cancellation includes 414,000 shares from seven departed employees and 1.84 million shares from 64 employees after the company missed its 2024 performance targets. Total share capital will fall to 1.03 billion shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Qianhe Flavor Food Co., Ltd. Announcement on the Implementation of the Repurchase and Cancellation of Part of the Equity Incentive Restricted StocksJuly 14, 2025 at 08:00 AM UTC

Supplementary Source Documents

Beijing King & Wood (Shenzhen) Law Firm's Legal Opinion on the Repurchase and Cancellation of Part of the Restricted Stocks under the 2022 Restricted Stock Incentive Plan of Qianhe Flavor Food Co., Ltd.July 14, 2025 at 08:00 AM UTC

Qianhe Condiment And Food

SSE:603027•Shanghai Stock Exchange

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