Securities Code: 002402 Securities Abbreviation: H&T Announcement No.: 2026-035
Shenzhen and H&T Intelligent Control Co., Ltd.
Announcement Regarding the Lifting of Lock-up Restrictions on Shares under the 2022 Restricted Stock Incentive Plan's Third Vesting Period
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.
Special Reminder:
- The conditions for the lifting of lock-up restrictions for the third vesting period of Shenzhen and H&T Intelligent Control Co., Ltd.'s 2022 Restricted Stock Incentive Plan have been met. The number of eligible recipients for this lifting of restrictions is 226 individuals, with 4.9472 million restricted shares eligible for lifting, accounting for 0.5350% of the Company's current total share capital.
- The listing and circulation date for the shares under the third vesting period of the Company's 2022 Restricted Stock Incentive Plan will be May 13, 2026.
Shenzhen and H&T Intelligent Control Co., Ltd. (hereinafter referred to as the "Company") held its Seventh Board of Directors' Third Meeting on April 24, 2026, and approved the "Proposal on the Fulfillment of Conditions for Lifting Lock-up Restrictions for the Third Vesting Period of the 2022 Restricted Stock Incentive Plan." The Company will proceed with lifting the lock-up restrictions for 4.9472 million restricted shares held by 226 eligible recipients under the third vesting period, in accordance with the provisions of the "2022 Restricted Stock Incentive Plan (Draft) (Revised Draft)" (hereinafter referred to as the "Incentive Plan"). The Company's Compensation and Assessment Committee and Beijing Jun He (Hangzhou) Law Firm have issued opinions on the lifting of these restricted shares. For details, please refer to the relevant announcements disclosed on the Juchao Information Network (www.cninfo.com.cn) on April 28, 2026. As of the disclosure date of this announcement, the procedures for lifting the lock-up restrictions for these shares have been completed at China Securities Depository and Clearing Corporation Limited Shenzhen Branch. The relevant matters are hereby announced as follows: