JiangSu Suyan Jingshen: Repurchased and canceled 40,000 restricted stocks

JiangSu Suyan Jingshen announced that one incentive object reserved for granting in the company's "2021 Restricted Stock Incentive Plan" has been terminated from the labor relationship and no longer meets the incentive conditions. According to relevant regulations, the company will repurchase and cancel 40,000 shares of restricted stock that have been granted but not yet lifted from the sales restriction. The cancellation date is February 20, 2025. After this repurchase and cancellation is completed, the remaining restricted stock for equity incentives will be 7.8734 million shares. After the change in the company's capital structure, the circulating shares with sales restrictions will be 7.8734 million shares, and the circulating shares without sales restrictions will be 774 million shares, totaling 782 million shares