Shenzhen Kinwong Electronic Co., Ltd.SSE: 603228

(603228)"Shenzhen Kinwong Electronic Co., Ltd."Announcement on Repurchase and Cancellation of Restricted Shares under Equity Incentive Plan

· Issued by Shenzhen Kinwong Electronic Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603228 · · 3 pages · Chinese

Summary by 6ix AI

Shenzhen Kinwong Electronic Co., Ltd. announced the repurchase and cancellation of restricted shares under its equity incentive plan due to the departure of certain incentive recipients. Following the cancellation, the company's total share structure will be adjusted accordingly, with a significant number of restricted shares remaining. The board assures that the decision complies with legal requirements and will not adversely affect the company's financial status or management stability.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/603228shenzhen-kinwong-electronic-co-ltdannouncement-on-repurchase-and-cancellation-of-restricted-shares-under-equity-incentive-plan

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