ENN Ecological Holdings reduces capital through restricted share repurchase
ENN Ecological Holdings (SSE:600803) will reduce its registered capital by repurchasing and cancelling 1,302,500 restricted shares. This action follows approvals at board meetings on August 27 and October 17, 2025, and a shareholders' meeting on November 3, 2025. The total number of shares will decrease from 3,097,087,607 to 3,095,785,107, and the registered capital will be reduced by the corresponding amount in yuan.
The repurchases involve shares from both the 2021 and 2025 Restricted Stock Incentive Plans. Under the 2021 plan, 1,002,500 shares were repurchased due to nine incentive recipients failing to meet performance targets for the fourth restricted period (2024 fiscal year) and two recipients no longer qualifying due to resignation. For the 2025 plan, 300,000 shares were repurchased from one incentive recipient who resigned and another whose work position changed.
Creditors are advised that this capital reduction allows them to request debt settlement or guarantees within 30 days of receiving notification or 45 days from the announcement date. Claims must be submitted with valid documentation, either by post or email, by December 19, 2025, to the company's address in Langfang, Hebei.
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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