FilingReader Intelligence

Hubei Yihua cancels restricted shares over staff departures

July 28, 2025 at 09:11 AM UTC•By FilingReader AI

Hubei Yihua Chemical Industry Co cancelled 273,800 restricted shares from its 2024 incentive plan at 4.02 yuan per share, costing 1.1m yuan.

The repurchase affects 18 recipients who either left the company or failed to meet performance targets. Total share capital falls from 1.088bn to 1.088bn shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Verification opinion of the remuneration and assessment committee of the board of directors of Hubei Yihua Chemical Industry Co., Ltd. regarding the repurchase and cancellation of some restricted shares from the 2024 restricted stock incentive plan and the adjustment of the repurchase priceJuly 28, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement regarding the repurchase and cancellation of a portion of restricted shares under the 2024 restricted stock incentive plan and the adjustment of the repurchase priceJuly 28, 2025 at 08:00 AM UTC

Hubei Yihua Chemical Industry

SZSE:000422•Shenzhen Stock Exchange

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