Announcement on the Completion of Repurchase and Cancellation of Part of Restricted Shares and Changes in Share Capital

Announcement on the Completion of Repurchase and Cancellation of Part of Restricted Shares and Changes in Share Capital

Securities Abbreviation: *ST Jinke Securities Code: 000656 Announcement No.: 2026-037

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.

Special Reminder:

1. Jinke Real Estate Group Co., Ltd. (hereinafter referred to as the "Company") repurchased and cancelled 8.29 million restricted shares, accounting for 0.078% of the Company's total share capital before cancellation. After this cancellation, the Company's total share capital changed from 10,597,021,632 shares to 10,588,731,632 shares.
2. After verification and confirmation by the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited, the cancellation of restricted shares has been completed as of the date of this announcement.

Overview of the Restricted Share Incentive Plan

1. On August 20, 2015, the Company held the 21st meeting of the 9th Board of Directors, which reviewed and approved the "Proposal on the Restricted Share Incentive Plan of Jinke Real Estate Group Co., Ltd. (Draft)" and other related proposals.
2. On November 19, 2015, the Company held the 24th meeting of the 9th Board of Directors, which reviewed and approved the "Restricted Share Incentive Plan of Jinke Real Estate Group Co., Ltd. (Draft)" and its summary, and the "Management Measures for the Assessment of the Restricted Share Incentive Plan of Jinke Real Estate Group Co., Ltd." and other related proposals.
3. On December 7, 2015, the Company held the 8th extraordinary general meeting of shareholders in 2015, which reviewed and approved the "Restricted Share Incentive Plan of Jinke Real Estate Group Co., Ltd. (Draft)" (hereinafter referred to as the "Incentive Plan") and its summary, and the "Management Measures for the Assessment of the Restricted Share Incentive Plan of Jinke Real Estate Group Co., Ltd." and other related proposals.
4. On December 9, 2015, the Company held the 26th meeting of the 9th Board of Directors, which determined December 9, 2015, as the grant date for the incentive plan, and granted 19.644 million restricted shares to 157 eligible incentive recipients.
5. During the process of granting restricted shares, 10 incentive recipients waived their subscription rights for a portion of their corresponding restricted shares, totaling 5 million shares, due to personal reasons. On December 24, 2015, the Company completed the registration of 19.144 million restricted shares for 147 incentive recipients with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. The listing date for the granted restricted shares was December 29, 2015.
6. On December 8, 2016, the Company held the 40th meeting of the 9th Board of Directors, which determined December 8, 2016, as the grant date, and granted 1.03 million reserved restricted shares to 12 incentive recipients at a price of RMB 2.62 per share.
7. On November 22, 2017, the Company held the 11th meeting of the 10th Board of Directors, which reviewed and approved the "Proposal on Repurchasing and Cancelling Restricted Shares Granted to Incentive Recipients Who Do Not Meet Unlock Conditions and Have Not Yet Unlocked," and the specific details of this repurchase and cancellation are as follows: