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Songcheng Performance Cancels Shares and Reduces Capital, Registered Capital Falls to 2.60887 Billi…

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The share cancellation and capital reduction reflect unmet equity incentive targets and repurchased share disposal, potentially affecting investor assessment of corporate governance and capital structure.

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9月10日
  1. TripVivid
    Songcheng Performance Cancels Shares and Reduces Capital, Registered Capital Falls to 2.60887 Billi…

    Songcheng Performance announced on September 8 that its total share capital will change from 2.62469 billion shares to 2.60887 billion shares, involving the cancellation of 11,752 shares under the 2023 restricted stock incentive plan that failed to meet conditions and 15.805012 million shares in the repurchase special account. The registered capital will be synchronously changed to 2.60887 billion yuan, and creditors may declare claims within 45 days starting September 9.