Announcement on Repurchase and Cancellation of Part of Restricted Shares
The company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are jointly and severally liable for any false representations, misleading statements, or material omissions therein.
On April 27, 2026, the Ninth Board of Directors' Fifth Meeting of Hi-Tech Information System Co., Ltd. (hereinafter referred to as the "Company") deliberated and approved the "Proposal on Repurchase and Cancellation of Part of Restricted Shares." The relevant matters are hereby explained as follows:
I. Approval Procedures for the 2022 Equity Incentive Plan
- On May 22, 2022, the Second Meeting of the Eighth Board of Directors deliberated and approved the "Proposal on the 2022 Stock Option and Restricted Share Incentive Plan (Draft) and its Summary," the "Proposal on the 2022 Stock Option and Restricted Share Incentive Plan Performance Assessment and Management Measures," and the "Proposal to Authorize the Board of Directors to Handle Matters Related to the Company's 2022 Stock Option and Restricted Share Incentive Plan by the General Meeting of Shareholders." The Second Meeting of the Eighth Supervisory Board also deliberated and approved relevant proposals. The Company internally disclosed the list of incentive recipients. After the disclosure period, the Supervisory Board reviewed the list of incentive recipients for the initial grant of the incentive plan and explained the disclosure situation.