Summary by Futu AI
Zijin Mining Group announced on November 17, 2024, that according to the 2020 restricted stock incentive plan, the company will repurchase and cancel 0.3456 million shares of A-shares of restricted stocks held by some incentive targets. The repurchase price is adjusted from RMB 4.38 per share to RMB 4.08 per share, with a total repurchase fund of RMB 1,410,048, to be fully paid with the company's own funds. This repurchase and cancellation is due to 10 incentive targets who no longer meet the conditions due to resignation. After completion, the total number of company shares will change from 26,577,888,940 shares to 26,577,543,340 shares. This action will not have a substantial impact on the company's financial condition and operational results, nor will it affect the continued implementation of the stock-based incentive plan and the operation of the company's management team.