Yunnan Energy cancels restricted shares, adjusts conversion price

Yunnan Energy New Material (SZSE:002812) has completed the repurchase and cancellation of restricted shares from terminated participants in its 2022 and 2024 equity incentive plans. The cancellation, completed on March 21, 2025, involved 35,835 shares repurchased at ¥62.2544 per share plus interest, and 1,735,482 shares at ¥23.0474 per share plus interest, for a total cost of ¥42,295,989.90 funded from the company's own capital.