Tongxing Environmental Protection Technology Co.Ltd(003027)
Notice of the board of supervisors on repurchase and cancellation of 2021 restricted stock incentive plan
Description of some restricted shares
Tongxing Environmental Protection Technology Co.Ltd(003027) (hereinafter referred to as "the company") held the 15th meeting of the 4th board of supervisors on April 18, 2022, deliberated and adopted the proposal on repurchase and cancellation of some restricted shares in the 2021 restricted stock incentive plan. According to the relevant regulations of Shenzhen Stock Exchange, the matters related to repurchase and cancellation are described as follows:
1. In view of the resignation of Mr. Chen Rui, the first incentive object granted by the company's restricted stock incentive plan in 2021, according to the company's restricted stock incentive plan in 2021 (Draft) and other relevant regulations, the company shall repurchase and cancel 120000 restricted shares granted to Mr. Chen Rui but not lifted.
2. The corresponding repurchase situation is determined according to the change of incentive objects, which is in line with the company's restricted stock incentive plan (Draft) in 2021 and other relevant regulations.
3. To sum up, the cancellation of this repurchase complies with the measures for the administration of equity incentive of listed companies and the company's restricted stock incentive plan (Draft) in 2021, and the decision-making and approval procedures are legal and compliant. It is agreed that the company shall repurchase and cancel the restricted shares granted to the above personnel but not lifted. It is hereby explained.
Tongxing Environmental Protection Technology Co.Ltd(003027) board of supervisors April 18, 2022
