Jinghua New Materials repurchases and cancels some restricted stocks, and notifies creditors to declare their debts.

date
19/09/2025
On September 19, 2025, Shanghai Jinghua Adhesive New Materials Co., Ltd. held a board meeting and decided to cancel 50,000 stock options that had been granted to 2 incentive recipients who no longer met the qualifications, and repurchase and cancel 61,000 restricted shares that had not been released from restrictions. After the repurchase and cancellation, the total share capital of the company will decrease from 289,602,661 shares to 289,541,661 shares, and the registered capital will correspondingly decrease. According to relevant regulations, creditors can request debt repayment or provide guarantees within 30 days of receiving the notice, or within 45 days of the announcement if they did not receive the notice. The company announced the required materials and three methods of declaration for creditors, including on-site submission, mailing, and email submission. The declaration period is from September 20, 2025 to November 3, 2025.