Stock Code: 002304 Stock Abbreviation: Yanghe Stock Announcement No.: 2026-009
Jiangsu Yanghe Brewery Joint Stock Co., Ltd. Announcement Regarding the Impending Expiration of the First Phase Core Backbone Shareholding Plan
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Jiangsu Yanghe Brewery Joint Stock Co., Ltd. (hereinafter referred to as the "Company")'s First Phase Core Backbone Shareholding Plan (hereinafter referred to as the "Shareholding Plan") will expire on September 10, 2026. In accordance with the "Guiding Opinions on the Pilot Implementation of Employee Shareholding Plans for Listed Companies" and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Normative Operation of Main Board Listed Companies," the relevant situation before the expiration of the Shareholding Plan is hereby announced as follows:
I. Basic Information of the Shareholding Plan
The Company held the Third Meeting of the Seventh Board of Directors and the Third Meeting of the Seventh Supervisory Board on July 15, 2021, and convened the 2021 Second Extraordinary General Meeting of Shareholders on August 2, 2021. The proposals including the "Proposal on the First Phase Core Backbone Shareholding Plan (Draft) and its Summary" and the "Proposal on the Management Measures for the First Phase Core Backbone Shareholding Plan of Jiangsu Yanghe Brewery Joint Stock Co., Ltd." were deliberated and approved. For specific details, please refer to the relevant announcements disclosed by the Company on July 16, 2021, and August 3, 2021.
According to the relevant provisions of the Company's "First Phase Core Backbone Shareholding Plan" and "Management Measures for the First Phase Core Backbone Shareholding Plan," the lock-up period of this Shareholding Plan is 24 months, calculated from the date when the draft of the Shareholding Plan was approved by the Company's shareholders' meeting and the last batch of underlying shares was transferred to the Shareholding Plan. The Company disclosed the "Announcement on the Completion of Non-Trading Transfer of the First Phase Core Backbone Shareholding Plan" (Announcement No.: 2021-036) on September 11, 2021.