PRIMARIUS(688206)2024-02-05 07:38Stock Repurchase Plan - The company approved a stock repurchase plan on January 30, 2024, with a price cap of RMB 30 per share and a total repurchase amount between RMB 20 million and RMB 40 million [1][2] - The repurchased shares will be used for employee stock ownership or equity incentive plans within 3 years after the repurchase results are disclosed [2] Talent Recruitment and R&D - The EDA industry is highly competitive, and the company plans to continue rapid talent growth and increase R&D investment to develop leading EDA solutions [2] - The company's Lingang headquarters and R&D center, covering 37,000 square meters, was completed on January 23, 2024, and can accommodate 2,000 employees [2] Equity Incentive Plan - On January 30, 2024, the company granted 1.7352 million restricted shares to 19 employees at RMB 18.34 per share, accounting for 0.40% of the total shares [2][3] - The restricted shares will be vested in three phases based on revenue targets and individual performance [3] Market Expansion and Growth - The company's order intake in the new year is in line with expectations, and it will continue to expand its domestic market and enhance its position in the EDA industry [3] - The company aims to strengthen its international leading advantages and achieve greater breakthroughs in the global market [3] - The company is leveraging its capital market presence to accelerate EDA product development through R&D, technology introduction, and M&A activities [3]