Securities code: China United Network Communications Limited(600050) securities abbreviation: China United Network Communications Limited(600050) Announcement No.: 2022022
China United Network Communications Limited(600050) board of supervisors
On the first phase grant plan of the company’s restricted stock incentive plan
Review opinions on repurchase cancellation
The board of supervisors and all supervisors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
China United Network Communications Limited(600050) (hereinafter referred to as “the company”) the board of supervisors in accordance with the company law, the securities law, the measures for the administration of equity incentive of listed companies (hereinafter referred to as “the measures”) and other relevant laws Regulations and normative documents, as well as the relevant provisions of the company’s restricted stock incentive plan (Revised Draft), the first phase of the company’s restricted stock incentive plan (Revised Draft) and the articles of association, The board of supervisors of the company has carefully checked the repurchase price adjustment and repurchase cancellation of the first phase of the company’s restricted stock incentive plan, and issued the following audit opinions:
In accordance with the provisions of the company’s restricted stock incentive plan (Revised Draft), the first phase grant scheme of the company’s restricted stock incentive plan (Revised Draft) and the proposal on adjusting the ex dividend and special circumstances of the restricted stock incentive plan and the first phase grant scheme, The repurchase price of restricted shares that fail to meet the unlocking conditions due to personal performance is 3.79 yuan / share; The repurchase price of some restricted shares of incentive objects repurchased due to resignation and dismissal is 3.79 yuan / share; The repurchase price of some restricted shares repurchased due to retirement, organizational transfer and other incentive objects = 3.79 yuan / share + 0.104 yuan / share 4 years = 4.21 yuan / share.
As of March 11, 2022, since 1283 incentive objects failed to unlock all their restricted shares due to personal performance, 44 incentive objects were no longer within the scope of incentive due to resignation, dismissal and other reasons, and 30 incentive objects were no longer within the scope of incentive due to retirement, organizational transfer and other reasons, In accordance with the relevant provisions of the company’s restricted stock incentive plan (Revised Draft), the first phase grant scheme of the company’s restricted stock incentive plan (Revised Draft) and the proposal on adjusting the ex dividend and special circumstances of the restricted stock incentive plan and the first phase grant scheme, It is agreed that the company will repurchase and cancel 1283 restricted shares that fail to meet the unlocking conditions due to personal performance at the grant price of 3.79 yuan / share; Agree that the company will repurchase and cancel 1343700 restricted shares held by 44 incentive objects who are not within the scope of incentive due to resignation, dismissal and other reasons according to the grant price of 3.79 yuan / share; Agree that the company will buy back and cancel a total of 1247700 restricted shares held by 30 incentive objects who are not within the scope of incentive due to retirement, organizational transfer and other reasons, which have not been unlocked, according to the grant price plus the interest calculated by the benchmark deposit interest rate for the same period published by the people’s Bank of China (a total of 4.21 yuan / share); Agree to reduce the registered capital, amend the articles of association and go through relevant procedures after repurchase and cancellation.
The above repurchase and cancellation of some restricted shares comply with the provisions of the administrative measures, the company’s restricted stock incentive plan (Revised Draft), the first phase of the company’s restricted stock incentive plan (Revised Draft) and relevant laws. After verification, the list of repurchase objects is correct, and the confirmation basis of repurchase quantity and repurchase price is sufficient.
China United Network Communications Limited(600050) board of supervisors
March 11, 2002
