red phase inc. (300427.SZ) announced that the sixth board of directors and the sixth board of supervisors held their third meetings respectively on September 10, 2024, and approved the Proposal on Termination of the Implementation of the 2022 Restricted Stock Incentive Plan and the Cancellation of the Class I Restricted Stocks and the Abolition of the Class II Restricted Stocks. The termination of the incentive plan and the repurchase cancellation and abolition matters still need to be submitted to the shareholders' general meeting for approval.
According to the announcement from red phase inc. (300427.SZ) on September 10, 2024, the company held the third sessions of the sixth board of directors and the sixth board of supervisors respectively, and reviewed and approved the Proposal on the Termination of the Implementation of the 2022 Restricted Stock Incentive Plan and the Cancellation of the Class I Restricted Stocks and the Abolition of the Class II Restricted Stocks. The termination of the incentive plan, as well as the repurchase and cancellation, still need to be submitted to the shareholders' general meeting for approval.
