On 31 May 2012, Crystal Optoelectronics held the 23rd meeting of the second board of directors for deliberation. The meeting passed the “Proposal on Repurchasing and Retiring the Restricted Stocks of the Retired Equity Incentives Has Been Granted but Not Unlockedâ€.
The company's incentive object, Huang Yu, has left the company and has not met the incentive conditions. The company intends to repurchase and cancel 75,000 shares of the restricted shares that have been granted but not yet unlocked, and the total share capital of the company will be reduced from 24,970,6000 shares to 24,963,1000 shares.
The company's repurchase and cancellation of part of the equity incentive shares will involve a reduction in registered capital. According to the relevant laws and regulations of the "Company Law of the People's Republic of China", the company hereby informs the creditors that the creditors have been within forty-five days from the date of this announcement. The right requires the company to pay off the debt or provide corresponding guarantees. If the creditor fails to exercise the above rights within the prescribed time limit, the repurchase and cancellation will continue to be implemented in accordance with legal procedures.
The company's incentive object, Huang Yu, has left the company and has not met the incentive conditions. The company intends to repurchase and cancel 75,000 shares of the restricted shares that have been granted but not yet unlocked, and the total share capital of the company will be reduced from 24,970,6000 shares to 24,963,1000 shares.
The company's repurchase and cancellation of part of the equity incentive shares will involve a reduction in registered capital. According to the relevant laws and regulations of the "Company Law of the People's Republic of China", the company hereby informs the creditors that the creditors have been within forty-five days from the date of this announcement. The right requires the company to pay off the debt or provide corresponding guarantees. If the creditor fails to exercise the above rights within the prescribed time limit, the repurchase and cancellation will continue to be implemented in accordance with legal procedures.
Shaanxi Xinlong Metal Electro-mechanical Co., Ltd. , https://www.cnxlalloyproduct.com