Securities Code: 002402 Securities Abbreviation: H&T Announcement No.: 2026-028
Shenzhen and Tai Smart Control Co., Ltd.
Announcement on Adjusting Repurchase Price and Repurchasing and Canceling Part of Restricted Stocks
The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.
Shenzhen and Tai Smart Control Co., Ltd. (hereinafter referred to as the "Company") held the third meeting of the Seventh Board of Directors on April 24, 2026, and deliberated and passed the "Proposal on Adjusting Repurchase Price and Repurchasing and Canceling Part of Granted but Unvested Restricted Stocks and Reducing Capital". The Board of Directors agreed to adjust the repurchase price according to relevant regulations; and to repurchase and cancel a total of 12,000 restricted stocks granted to 1 incentive recipient who does not meet the incentive conditions and has not yet been unlocked. In addition, 1,236,800 shares that have not been unlocked in the third vesting period of the 2022 restricted stock incentive plan will be repurchased and canceled. This repurchase and cancellation matter is subject to the approval of the Company's shareholders' meeting. The relevant situation is hereby announced as follows:
I. Relevant Deliberation Procedures for the Equity Incentive Plan
- On November 30, 2022, the Company held the third meeting of the Sixth Board of Directors and the third meeting of the Sixth Supervisory Board, and deliberated and passed the "Proposal on the 2022 Restricted Stock Incentive Plan (Draft) and its Summary" and other related proposals. The independent directors of the Company issued independent opinions, and Beijing Junhe (Hangzhou) Law Firm issued a legal opinion on this matter. For details, please refer to the relevant announcement published on the Juchao Information Network (www.cninfo.com.cn) on December 2, 2022.