FilingReader Intelligence
Zhejiang Wanma Announces Restricted Stock Repurchase, Capital Reduction
August 18, 2025 at 04:00 AM UTC•By FilingReader AI
Zhejiang Wanma is repurchasing 3,214,390 restricted shares due to unfulfilled 2024 performance targets and employee departures. This will reduce its registered capital from CNY 1,014,289,836 to CNY 1,011,075,446. The repurchase price has been adjusted to CNY 4.947/share for initial grants and CNY 4.285/share for reserved grants. Separately, the company is also launching foreign exchange and commodity hedging and a bill pool business.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Legal opinion from Beijing Zhonglun (Hangzhou) law firm regarding Wanma Co., Ltd.'s 2023 restricted stock incentive plan: fulfillment of release conditions for the first vesting period of the initial grant of restricted shares, non-fulfillment of release conditions for the second vesting period, and repurchase and cancellation of some restricted shares and adjustment of the repurchase price.August 17, 2025 at 07:46 PM UTC
Announcement on the achievement of the conditions for the first解除限售期 (lifting of restrictions period) for the initial grant of restricted shares under the 2023 restricted stock incentive planAugust 17, 2025 at 07:46 PM UTC
Announcement regarding the change in the company's business scope, reduction of registered capital, and amendment of the articles of association, and the processing of industrial and commercial registration changesAugust 17, 2025 at 07:46 PM UTC
Announcement on the repurchase and cancellation of a portion of restricted shares, reduction of registered capital, and notification to creditorsAugust 17, 2025 at 07:46 PM UTC
Notice of the second extraordinary general meeting of shareholders in 2025August 17, 2025 at 07:46 PM UTC
Announcement of resolutions from the thirty-eighth meeting of the sixth board of directorsAugust 17, 2025 at 07:46 PM UTC
Announcement on the commencement of bills pool businessAugust 17, 2025 at 07:46 PM UTC
Announcement regarding the conduct of forward foreign exchange transactions in 2025August 17, 2025 at 07:46 PM UTC
Announcement regarding the conduct of futures and options hedging business for the year 2025August 17, 2025 at 07:46 PM UTC
Feasibility analysis report on conducting foreign exchange hedging business for 2025August 17, 2025 at 07:46 PM UTC
Feasibility analysis report on conducting futures and options hedging business in 2025August 17, 2025 at 07:46 PM UTC
SZSE:002276•Shenzhen Stock Exchange
News Alerts
Get instant email alerts when Zhejiang Wanma publishes news
Free account required • Unsubscribe anytime