Securities Code: 002046 Securities Abbreviation: Sinomach Intelligent Technology Announcement No.: 2025-033
Sinomach Intelligent Technology Co., Ltd. Announcement on the Achievement of Conditions for the Second Vesting Period of the 2022 Restricted Stock Incentive Plan
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Special Reminders:
- The conditions for the second vesting period of the 2022 Restricted Stock Incentive Plan of Sinomach Intelligent Technology Co., Ltd. have been met. The number of eligible employees for this release is 150, and the number of restricted shares eligible for release is 1,441,723 shares, accounting for 0.2688% of the company's current total share capital.
- After completing the relevant release procedures and before the shares are listed and circulated, the company will issue a relevant reminder announcement. Investors are kindly requested to pay attention.
Sinomach Intelligent Technology Co., Ltd. held the Eighth Board of Directors' Ninth Meeting and the Eighth Supervisory Board's Fifth Meeting on April 28, 2025, which reviewed and approved the "Proposal on the Achievement of Conditions for the Second Vesting Period of the 2022 Restricted Stock Incentive Plan." In accordance with the "Administrative Measures for Equity Incentives of Listed Companies," the "Interim Measures for Equity Incentives of State-Controlled Listed Companies (Domestic)," the "Guiding Opinions on the Implementation of Equity Incentives for State-Controlled Listed Companies," and the "Sinomach Intelligent Technology Restricted Stock Incentive Plan (Draft 2022 Revision)," as well as the authorization granted by the 2021 Annual General Meeting of Shareholders to the Board of Directors, the Board of Directors believes that the conditions for the second vesting period of the company's restricted stock incentive plan have been met. Furthermore, this implementation of the incentive plan is consistent with the previously disclosed plan. The company agrees to handle the release of restricted shares in accordance with the relevant provisions of the incentive plan. A total of 150 eligible employees meet the conditions for release, and the number of restricted shares eligible for release is 1,441,723 shares, accounting for 0.2688% of the company's current total share capital. The relevant matters are hereby announced as follows:
I. Relevant Approval Procedures for the Incentive Plan