安徽铜峰电子2023年限制性股票激励计划回购注销实施法律意见书解读

安徽铜峰电子股份有限公司2023年限制性股票激励计划回购注销实施情况详解

2026年5月12日，安徽天禾律师事务所发布了关于安徽铜峰电子股份有限公司（以下简称“铜峰电子”或“公司”）2023年限制性股票激励计划回购注销部分限制性股票实施情况的法律意见书。该报告内容详实，涉及激励计划的授权、实施、回购注销的具体情况，以及对投资者具有重要参考价值的事项。

一、事件概述

铜峰电子于2023年启动了限制性股票激励计划，旨在激励公司管理层及核心员工，提升公司治理与经营效率。
因部分激励对象离职或岗位调动，部分已授予但未解除限售的限制性股票被公司依法回购注销。
本次回购注销涉及5名激励对象，共计21.44万股，占公司总股本的0.03%。
公司已完成相关决策程序，并公告通知债权人，未收到异议。

二、详细时间节点及程序合规性

2023年11月至2024年9月，公司董事会、监事会、股东大会及控股股东多次审议并通过激励计划相关议案，过程合规透明。
2024年9月25日，公司对激励对象名单及授予安排进行最终核查并公告。
2025年8月及2026年1月，对部分激励对象解除限售条件进行确认，并同意办理相关解除限售和回购注销手续。
2026年3月，公司正式公告回购注销并通知债权人，45日公告期后未收到任何异议。

三、回购注销的具体细节

3人因不受个人控制的岗位调动等客观原因离职，涉及回购注销限制性股票14.07万股，回购价格为3.91元/股加同期银行存款利息。
2人因个人原因辞职，回购注销限制性股票7.37万股，回购价格为3.91元/股。
回购所需资金全部来自公司自有资金，涉及金额分别为55.01万元（加利息）和28.82万元。
注销完成后，公司将依法完成工商变更登记。

四、对投资者和股东的重要提示

本次限制性股票回购注销总量占公司总股本比例较小，对公司股份结构影响有限，但反映公司激励机制执行的规范性和合规性。
公司激励计划的严格执行，有助于优化管理团队和员工队伍结构，或将提升公司治理水平和长远经营能力。
回购注销的资金来源为公司自有资金，不会对现金流造成重大压力。
本次事项已履行全部法定程序，且未有债权人提出异议，排除了法律风险。
后续公司将继续履行信息披露义务，投资者可密切关注相关进展。

五、结论

本次限制性股票回购注销的实施充分体现了铜峰电子在股权激励管理上的合法合规和严格执行力。虽然注销股份数量占比不大，对公司基本面短期影响有限，但公司管理层结构的优化以及激励机制的贯彻执行，有望在中长期提升公司治理水平和经营绩效，值得投资者持续关注。

免责声明：本报道内容根据安徽天禾律师事务所出具的法律意见书整理，仅供投资者参考，不构成任何投资建议。投资者据此操作，风险自负。

Detailed Analysis of Tongfeng Electronics Co., Ltd.’s 2023 Restricted Stock Incentive Plan Partial Buyback and Cancellation Implementation

On May 12, 2026, Anhui Tianhe Law Firm issued a legal opinion regarding the implementation of the partial buyback and cancellation of restricted shares under Tongfeng Electronics Co., Ltd.’s (“Tongfeng Electronics” or “the Company”) 2023 Restricted Stock Incentive Plan. The report provides detailed information on the authorization, implementation, buyback, and cancellation process of the incentive plan, which is of significant reference value for investors.

1. Event Overview

In 2023, Tongfeng Electronics launched a restricted stock incentive plan aimed at motivating the management and core staff to enhance corporate governance and operational efficiency.
Due to the departure or position transfer of some incentive recipients, a portion of granted but unvested restricted shares was lawfully bought back and cancelled by the company.
This buyback and cancellation involved 5 incentive recipients and a total of 214,400 shares, accounting for 0.03% of the company’s total share capital.
The company completed all necessary decision-making procedures and notified creditors, with no objections received.

2. Timeline and Procedural Compliance

From November 2023 to September 2024, the board of directors, supervisory board, shareholders’ meeting, and controlling shareholder reviewed and approved relevant resolutions multiple times, ensuring compliance and transparency.
On September 25, 2024, the company finalized the list of incentive recipients and grant arrangements and made the announcement.
In August 2025 and January 2026, the company confirmed the fulfilment of unlocking conditions for certain recipients and agreed to process the relevant unlocking and buyback/cancellation procedures.
In March 2026, the company officially announced the buyback and cancellation, notified creditors, and received no objections after a 45-day notice period.

3. Specific Details of the Buyback and Cancellation

Three persons left for reasons beyond their control, involving the buyback and cancellation of 140,700 shares at RMB 3.91/share plus bank deposit interest.
Two persons resigned for personal reasons, involving the buyback and cancellation of 73,700 shares at RMB 3.91/share.
All buyback funds come from the company’s own resources, totaling RMB 550,137 (plus interest) and RMB 288,167, respectively.
Upon completion of cancellation, the company will process industrial and commercial registration changes as required by law.

4. Key Points for Investors and Shareholders

The total amount of restricted shares cancelled is relatively small compared to the company’s total share capital, so the immediate impact on share structure is limited, but the process demonstrates the company’s regulatory compliance and management rigor.
Strict execution of the incentive plan may optimize the management and core employee structure, potentially enhancing governance and long-term operational capacity.
The buyback is fully funded by internal resources and will not put significant pressure on the company’s cash flow.
All legal procedures have been fulfilled, and no creditor objections were received, eliminating related legal risks.
The company will continue to fulfill its information disclosure obligations, and investors should monitor further developments closely.

5. Conclusion

The implementation of this restricted stock buyback and cancellation fully demonstrates Tongfeng Electronics’ legal compliance and strong execution in equity incentive management. While the number of cancelled shares is small and the short-term impact is limited, the optimization of management structure and effective incentive execution may improve governance and performance in the medium to long term, and investors are advised to keep an eye on ongoing developments.

Disclaimer: The above content is based on the legal opinion issued by Anhui Tianhe Law Firm and is for investor reference only. It does not constitute investment advice. Investors assume all risks arising from their own actions.