002273SZSE

Announcement on the Completion of Sale of Third Tranche of Shares under the Sixth Phase Employee Stock Ownership Plan and Termination of the Plan

✨ AI Summary

This announcement details the completion of the sale of the third tranche of shares under Zhejiang Crystal Optoelectronics' sixth phase employee stock ownership plan. All 229.80 million shares have been sold, fulfilling performance conditions and leading to the plan's termination. The company has now completed the sale of all 766.00 million shares under the plan.

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Securities Code: 002273 Stock Abbreviation: Crystal Optoelectronics Announcement No.: (2026) 025

Zhejiang Crystal Optoelectronics Co., Ltd.

Announcement on the Completion of Sale of Third Tranche of Shares under the Sixth Phase Employee Stock Ownership Plan and Termination of the 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.

Zhejiang Crystal Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") deliberated and approved the "Proposal on the Sixth Phase Employee Stock Ownership Plan (Draft)" and its summary, and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the Sixth Phase Employee Stock Ownership Plan" at the tenth meeting of the sixth Board of Directors held on December 12, 2022, and the fourth extraordinary general meeting of shareholders in 2022 held on December 28, 2022. The Company agreed to implement the Sixth Phase Employee Stock Ownership Plan (hereinafter referred to as the "Employee Stock Ownership Plan" or "this Stock Ownership Plan"), and authorized the Board of Directors to handle all related matters. For details, please refer to the relevant announcements disclosed by the Company on December 13, 2022, and December 29, 2022, in the information disclosure media "Securities Times" and on the information disclosure website CNINFO.COM.CN (http://www.cninfo.com.cn).

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