FilingReader Intelligence

Senior Technology Material to reduce capital by CNY962,440

May 21, 2025 at 05:22 PM UTCBy FilingReader AI

Shenzhen Senior Technology Material (SZSE:300568) announced plans to reduce its registered capital by CNY962,440 following the approval of a resolution at the company’s annual general meeting on May 21, 2025. The company will repurchase and cancel 962,440 restricted shares, which had been granted under its 2022 restricted stock incentive plan but had not yet vested. This decision was influenced by the company's failure to meet performance targets.

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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