Dynagreen Environmental Protection Group Co., Ltd. announced plans to repurchase and cancel 180,000 restricted A shares originally granted under its first restricted-share incentive scheme. The affected participant ended employment due to death, triggering buyback conditions stipulated in the scheme.

The shares will be repurchased at the original grant price of RMB2.95 per share plus accrued PBoC deposit interest, bringing the total cash outlay to approximately RMB0.54 million. All funds will be sourced from the company’s internal resources.

Following completion, the company’s total share count will fall from 1.43 billion to 1.43 billion, while the portion of restricted A shares will decline from 37.13 million to 36.95 million. The repurchase does not constitute a connected transaction under Hong Kong Listing Rules and is not expected to materially affect Dynagreen’s financial position or operating performance.

The buyback, capital-reduction procedures, and related amendments to the Articles of Association remain subject to shareholder approval at an upcoming general meeting.