Guizhou Tire Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Repurchase Quantity: The Company intends to repurchase and cancel a total of 234,400 restricted stocks from 25 incentive recipients under the 2022 stock incentive plan, which have been granted but not yet released from restrictions, accounting for 0.02% of the Company's current total share capital.
- Repurchase Price: For incentive recipients who have lost their incentive qualifications due to voluntary resignation, personal reasons, or failing to meet performance assessments, the repurchase price for the involved restricted stocks will be 2.25 RMB per share. For those whose labor relationship with the Company has been terminated due to organizational arrangements, retirement, or other objective reasons, the repurchase price will be 2.25 RMB per share plus interest calculated at the deposit rate published by the People's Bank of China.
On February 27, 2026, the Company held the seventh meeting of the ninth Board of Directors, where it reviewed and approved the proposal regarding the repurchase and cancellation of certain restricted stocks from the 2022 stock incentive plan and the adjustment of the repurchase price. This proposal is subject to approval by the Company's shareholders' meeting. The relevant information is announced as follows: