FilingReader Intelligence
Fibocom Wireless repurchases shares after performance failures
August 12, 2025 at 05:17 PM UTC•By FilingReader AI
Fibocom Wireless cancelled 266,335 stock options from its 2021 plan and repurchased 1,267,898 restricted shares from 2022 and 2023 plans, totaling 12.3 million yuan.
The cancellations and repurchases resulted from employee departures and failure to meet company and individual performance targets. The company's registered capital decreased from 765.5 million yuan to 765.0 million yuan.
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
Supplementary Source Documents
Announcement regarding the purchase of directors', supervisors', and senior management liability insuranceAugust 12, 2025 at 08:00 AM UTC
Announcement regarding the cancellation of certain stock optionsAugust 12, 2025 at 08:00 AM UTC
Announcement regarding the adjustment of the repurchase price for restricted shares under the 2023 restricted stock incentive planAugust 12, 2025 at 08:00 AM UTC
Announcement on the repurchase and cancellation of a portion of restricted sharesAugust 12, 2025 at 08:00 AM UTC
Announcement regarding the change of business scope and registered capital, amendment of the articles of association, and undertaking of commercial registration changesAugust 12, 2025 at 08:00 AM UTC
Legal opinion from Guangdong Cinda Law Firm regarding Shenzhen Fibocom Wireless Inc.'s cancellation/repurchase cancellation of certain stock options/restricted shares and adjustment of the repurchase price for the 2022 and 2023 incentive plansAugust 12, 2025 at 08:00 AM UTC
SZSE:300638•Shenzhen Stock Exchange
News Alerts
Get instant email alerts when Fibocom Wireless publishes news
Free account required • Unsubscribe anytime