Stock Code: 001230
Stock Abbreviation: Jinlv Environment
Announcement Number: 2026-001
Jinlv Environment Technology Co., Ltd. (hereinafter referred to as "Jinlv Environment," "the Company," or "the Issuer") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
- The number of shares to be released from restrictions is 79,418,383 shares, accounting for 59.17% of the total share capital of the Company. The actual number of shares available for public circulation is 25,479,596 shares, accounting for 18.98% of the total share capital.
- The date for the release of restricted shares for trading is January 21, 2026 (Wednesday).
I. Company Stock Issuance and Capital Changes
(1) Initial Public Offering of Shares
According to the approval from the China Securities Regulatory Commission regarding the initial public offering of Jinlv Environment Technology Co., Ltd. (Approval No. [2022] 1104), the Company publicly issued 27,848,337 ordinary shares (A shares). The Company’s shares were listed for trading on July 15, 2022, with a total share capital of 111,393,348 shares post-listing. The number of restricted shares was 83,545,011 shares, accounting for 75% of the total share capital; the number of unrestricted circulating shares was 27,848,337 shares, accounting for 25%.
(2) Changes in Capital Post-Listing
- On May 20, 2024, the Company held the 2023 Annual General Meeting, where the proposal for the 2023 profit distribution and capital reserve transfer to increase share capital was approved. The profit distribution plan was to distribute a cash dividend of 3.50 yuan (tax included) for every 10 shares held, and to increase share capital by 2 shares for every 10 shares from the capital reserve, without issuing bonus shares. After implementing this plan, the total share capital changed from 111,393,348 shares to 133,496,097 shares.
- On September 3, 2025, the Company held the 23rd meeting of the second Board of Directors and the 19th meeting of the second Supervisory Board, where the proposal to grant restricted stock to the incentive objects of the 2025 restricted stock incentive plan was approved. It was agreed to grant 1,730,000 shares of restricted stock at a price of 11.18 yuan/share to 22 eligible incentive objects, with 1,000,040 shares granted through the Company’s repurchase account to 9 incentive objects (1 of whom overlaps with newly issued shares) and 729,960 shares granted through a directed issuance to 14 incentive objects (1 of whom overlaps with repurchased shares). After the grant, the total share capital increased by 729,960 shares, changing from 133,496,097 shares to 134,226,057 shares. As of the date of this announcement, the total share capital of the Company is 134,226,057 shares, with no changes, including 81,148,383 restricted circulating shares, accounting for 60.46%, and 53,077,674 unrestricted circulating shares, accounting for 39.54%.
II. Compliance of Shareholders with Commitments for Lifting Restrictions
A total of 5 shareholders applied for the lifting of share restrictions: Yu Xiaoxia, Yu Xiaojun, Yu Hongbo, Jinlv Environment Investment Partnership (Limited Partnership) (hereinafter referred to as "Jinlv Investment"), and Wang Chuanhua. The commitments made by these shareholders in the "Announcement of Initial Public Offering of Shares" and the "Prospectus for Initial Public Offering of Shares" are as follows: