Securities Code: 001322
Securities Abbreviation: Arrow Home
Announcement Number: 2026-034
Arrow Home Group Co., Ltd.
Announcement on the Completion of Repurchase and Cancellation of Restricted Shares under the 2023 Restricted Share Incentive Plan
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Special Reminder:
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The total number of restricted shares applied for repurchase and cancellation in this instance is 1,550,160 shares, accounting for 0.1603% of the company's total share capital before repurchase and cancellation. The grant date was June 26, 2023, involving 149 incentive recipients. According to the "Arrow Home Group Co., Ltd. 2023 Restricted Share Incentive Plan (Draft)," the repurchase price is RMB 8.65 per share plus the interest from the People's Bank of China's benchmark deposit rate for the corresponding period. The funds required for the company's repurchase and cancellation of these restricted shares amount to RMB 14,189,544.59, sourced from the company's own funds.
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As of the disclosure date of this announcement, the company has completed the repurchase and cancellation procedures for the aforementioned restricted shares through China Securities Depository and Clearing Corporation Limited Shenzhen Branch. Following this repurchase and cancellation, the company's total share capital has been adjusted from 967,162,960 shares to 965,612,800 shares. In accordance with the relevant provisions of the "Arrow Home Group Co., Ltd. 2023 Restricted Share Incentive Plan (Draft)," all restricted shares granted but not yet released from lock-up under this incentive plan have been repurchased and cancelled by the company, marking the completion of the implementation of this incentive plan.
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The repurchase and cancellation of restricted shares in this instance complies with the "Company Law of the People's Republic of China," the "Administrative Measures for Equity Incentives of Listed Companies," and other laws, regulations, normative documents, as well as the "Articles of Association" and the "Arrow Home Group Co., Ltd. 2023 Restricted Share Incentive Plan (Draft)."
Arrow Home Group Co., Ltd. (hereinafter referred to as "Arrow Home" or the "Company") deliberated and approved the "Proposal on Repurchase and Cancellation of Part of the Restricted Shares under the 2023 Restricted Share Incentive Plan" at the second meeting of the third Board of Directors held on April 28, 2026. On May 20, 2026, this proposal was deliberated and approved by the 2025 Annual Shareholders' Meeting, agreeing to repurchase and cancel a total of 1,550,160 restricted shares granted to incentive recipients but not yet released from lock-up. Currently, the Company's Board of Directors has completed the repurchase and cancellation of the aforementioned restricted shares in accordance with the provisions of the "Arrow Home Group Co., Ltd. 2023 Restricted Share Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan"). The relevant matters are hereby announced as follows:
I. Decision-Making Procedures and Information Disclosure for the 2023 Restricted Share Incentive Plan