Asymchem completes A-share restricted stock repurchase

Asymchem Laboratories (SZSE:002821) announced the completion of its repurchase and cancellation of A-share restricted stocks, involving 1,680 shares held by Sun Xuehui, a former incentive recipient under the 2020 equity incentive plan. The repurchase price was CNY 102.46 per share, totaling CNY 172,132.80. With the completion of the buyback, the company's total A+H share capital is now 360,593,720 shares, consisting of 333,040,460 A-shares and 27,553,260 H-shares. The company stated the repurchase was conducted according to the existing equity incentive plan and will not materially impact its financial condition or operating results. The cancellation process was completed through China Securities Depository and Clearing Corporation Limited Shenzhen Branch.