Announcement on Cancellation of Part of Stock Options and Repurchase and Cancellation of Part of Restricted Stocks
The company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Guangzhou Guanghe Technology Co., Ltd. (hereinafter referred to as the "Company") held its 24th meeting of the Second Board of Directors on April 29, 2026, and deliberated and passed the "Proposal on Cancellation of Part of Stock Options and Repurchase and Cancellation of Part of Restricted Stocks." This proposal is subject to the approval of the Company's 2025 Annual General Meeting of Shareholders. In accordance with the "Incentive Plan for Listed Companies" (hereinafter referred to as the "Management Measures"), the Company's "2024 Stock Option and Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan" or the "Current Incentive Plan") and relevant laws and regulations, the relevant matters are hereby announced as follows:
I. Approval Procedures for the Current Incentive Plan
- On September 24, 2024, the 9th meeting of the Second Board of Directors of the Company deliberated and passed the "Proposal on the 2024 Stock Option and Restricted Stock Incentive Plan (Draft) and its Summary," the "Proposal on the 2024 Stock Option and Restricted Stock Incentive Plan Performance Assessment and Management Measures," and the "Proposal to Authorize the Board of Directors to Handle Matters Related to the Company's 2024 Stock Option and Restricted Stock Incentive Plan." The Company agreed to implement the current incentive plan.