Wanze Corporation: Completes repurchase and cancellation of 56,480 restricted shares.

date
05/11/2025
Wanze Co., Ltd. announced that the company has completed the procedures for the cancellation of some restricted stock repurchases. This repurchase cancelled 564,800 shares, accounting for 0.1108% of the total share capital before the repurchase and involving the initial recipients of the 2023 equity incentive plan. The reason for the repurchase was that some incentive recipients have resigned and are no longer eligible. The repurchase funds of 4.7242 million yuan were from the company's own funds. After the cancellation, the total share capital of the company decreased from 510 million shares to 509 million shares, with Wanze Group and its concerted action person holding a stake from 32.53% to 32.56%, and Lin Weiguang remains the actual controller.