Lens Technology completes restricted stock repurchase and cancellation

Lens Technology (SZSE:300433) announced the completion of the repurchase and cancellation of 107,100 restricted shares, representing 0.0021% of the company's total share capital before cancellation. The repurchase price was CNY 6.04 per share. This action, approved by shareholders and the board, involved 45 former incentive recipients no longer eligible due to departures or changes in roles, and aligns with the company's 2023 restricted stock incentive plan. The total repurchase cost was CNY 646,884, funded from Lens Technology's own capital. The company confirmed that the repurchase and cancellation will not affect the continued implementation of its overall incentive plan or its financial status, and that it continues to meet listing requirements.