Securities Code: 002375 Securities Abbreviation: Yasha Shares Announcement No.: 2026-022
Zhejiang Yasha Decoration Co., Ltd. Announcement on Adjusting Matters Related to the Fourth Phase Employee Stock Ownership Plan
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Zhejiang Yasha Decoration Co., Ltd. (hereinafter referred to as the "Company") held the fifth meeting of the seventh Board of Directors on April 24, 2026, and approved the "Proposal on Adjusting Matters Related to the Fourth Phase Employee Stock Ownership Plan." The relevant matters are hereby announced as follows:
I. Basic Situation of the Fourth Phase Employee Stock Ownership Plan
The fifth meeting of the fifth Board of Directors and the fifth meeting of the fifth Supervisory Board of the Company held on September 24, 2021, and the first extraordinary general meeting of shareholders in 2021 held on October 14, 2021, deliberated and approved the "Proposal on the Fourth Phase Employee Stock Ownership Plan (Draft) and Summary" and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the Employee Stock Ownership Plan." It was agreed that the Company would implement the fourth phase employee stock ownership plan (hereinafter referred to as the "Employee Stock Ownership Plan"), and the Board of Directors was authorized to handle matters related to the Employee Stock Ownership Plan.