Securities Code: 000423 Securities Abbreviation: Dong-E E-Jiao Announcement Number: 2026-07
Dong-E E-Jiao Co., Ltd.
Announcement on the Completion of Registration for the Reserved Grant of the First Tranche of Restricted Shares
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Key Information Prompt: ● Listing Date of Restricted Shares: February 26, 2026 ● Number of Restricted Shares Granted in Reserve: 16.7792 million shares ● Reserved Grant Price of Restricted Shares: 29.29 RMB/share ● Number of Individuals Registered for Reserved Grant of Restricted Shares: 31 ● Source of Shares: Company's A-share common stock repurchased and held in a dedicated securities account.
In accordance with the "Administrative Measures for Equity Incentives of Listed Companies," and the relevant regulations of the Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited Shenzhen Branch, Dong-E E-Jiao Co., Ltd. (hereinafter referred to as the "Company") has completed the registration for the reserved grant of the first tranche of restricted shares incentive plan (hereinafter referred to as the "Current Incentive Plan" or the "Incentive Plan"). The relevant matters are hereby described as follows:
I. Relevant Approval Procedures and Information Disclosure
(1) On December 31, 2023, the Company held the 22nd meeting of the 10th Board of Directors and the 13th meeting of the 10th Supervisory Board, and deliberated and approved the "Proposal on the First Tranche of Restricted Shares Incentive Plan (Draft) and its Summary." (2) On January 10, 2025, the Company held the 5th meeting of the 11th Board of Directors and the 5th meeting of the 11th Supervisory Board, and deliberated and approved the "Proposal on the First Tranche of Restricted Shares Incentive Plan (Revised Draft) and its Summary." (3) On April 24, 2025, the Company disclosed the "Announcement on the Approval of the Restricted Shares Incentive Plan." (4) On April 25, 2025, the Company held the 8th meeting of the 11th Board of Directors and the 7th meeting of the 11th Supervisory Board, and deliberated and approved the "Proposal on the First Tranche of Restricted Shares Incentive Plan (Second Revision) and its Summary." (5) On May 14, 2025, the Company disclosed the "Explanation and Audit Opinion on the Public Announcement of the List of Initial Grantees for the First Tranche of Restricted Shares Incentive Plan." From April 27, 2025, to May 7, 2025, the names and positions of the initial grantees were publicly announced within the Company. During the announcement period, no organization or individual raised any objections to the list of grantees. (6) On May 20, 2025, the Company held its 2024 Annual General Meeting of Shareholders, deliberated and approved the "Proposal on the First Tranche of Restricted Shares Incentive Plan (Second Revision) and its Summary" and related proposals, and simultaneously disclosed the "Self-Inspection Report on Insiders with Access to Inside Information and Grantees Trading Company Shares Regarding the First Tranche of Restricted Shares Incentive Plan." (7) On June 18, 2025, the Company held the 9th meeting of the 11th Board of Directors and the 8th meeting of the 11th Supervisory Board, and deliberated and approved the "Proposal on Adjusting Matters Related to the First Tranche of Restricted Shares Incentive Plan" and the "Proposal on the Initial Grant of Restricted Shares to Grantees under the First Tranche of Restricted Shares Incentive Plan." The Supervisory Board of the Company verified the list of initial grantees for this incentive plan and issued an audit opinion. (8) On December 30, 2025, the Company held the 16th meeting of the 11th Board of Directors and deliberated and approved the "Proposal on Granting a Portion of Restricted Shares to Grantees under the First Tranche of Restricted Shares Incentive Plan." The Remuneration and Assessment Committee of the Board of Directors verified the list of grantees and grant arrangements for the reserved grant of this incentive plan and issued an audit opinion. (9) On January 13, 2026, the Company disclosed the "Explanation and Audit Opinion of the Board of Directors' Remuneration and Assessment Committee on the Public Announcement of the List of Grantees for the Reserved Grant of the First Tranche of Restricted Shares Incentive Plan." From December 30, 2025, to January 9, 2026, the list of grantees for the reserved grant was publicly announced within the Company. During the announcement period, no organization or individual raised any objections to the list of grantees.