---
title: "Guangdong YUSSENGROUP repurchased and canceled restricted stocks, notifying creditors about the capital reduction"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259317148.md"
description: "Guangdong Yuxin New Energy Technology Co., Ltd. has decided to repurchase and cancel 3,378,760 restricted shares, resulting in a reduction of the company's total share capital from 383,500,152 shares to 380,121,392 shares, and a corresponding decrease in registered capital. The company has notified creditors, who may request debt repayment or provide guarantees within the specified period, with the declaration period starting from September 30, 2025, for 45 days"
datetime: "2025-09-29T11:08:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259317148.md)
  - [en](https://longbridge.com/en/news/259317148.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259317148.md)
---

# Guangdong YUSSENGROUP repurchased and canceled restricted stocks, notifying creditors about the capital reduction

In 2025, Guangdong Yuxin New Energy Technology Co., Ltd. held a board meeting, supervisory board meeting, and shareholders' meeting to review and approve the repurchase and cancellation of 3,378,760 restricted shares that had not met the conditions and had been granted to departing incentive targets but had not been lifted from the sales restriction. After completion, the company's total share capital will decrease from 383,500,152 shares to 380,121,392 shares, and the registered capital will change accordingly. Due to the reduction in registered capital from the repurchase and cancellation, the company will notify creditors in accordance with the Company Law, and creditors may request debt repayment or provide guarantees within the specified period. Creditors' claims must prepare materials as required, and the declaration period is within 45 days from September 30, 2025, providing registration address, contact person, and various contact methods

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