Shenzhen INVT Electric Co., Ltd. Announcement (2026) Stock Code: 002334 Stock Abbreviation: INVT Electric Announcement No.: 2026-022
Shenzhen INVT Electric Co., Ltd. Announcement on Repurchasing and Cancelling Part of Restricted Shares
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.
Shenzhen INVT Electric Co., Ltd. (hereinafter referred to as the "Company" or "INVT Electric") held the 17th meeting of the 7th Board of Directors on April 16, 2026, and deliberated and approved the "Proposal on Repurchasing and Cancelling Part of Restricted Shares." Due to the failure to meet the performance assessment target for the first vesting period of the restricted shares granted under the 2025 Restricted Share and Stock Option Incentive Plan, in accordance with the "Administrative Measures for Equity Incentives of Listed Companies" (hereinafter referred to as the "Administrative Measures"), the Company's "2025 Restricted Share and Stock Option Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan (Draft)" or "this Incentive Plan"), and the "2025 Restricted Share and Stock Option Incentive Plan Implementation and Assessment Management Measures" (hereinafter referred to as the "Assessment Measures"), the Board of Directors agreed to repurchase and cancel 2,682,000 restricted shares that are not eligible for vesting due to the aforementioned reasons. This proposal needs to be submitted to the Company's shareholders' meeting for deliberation. The relevant matters are hereby announced as follows: