002534SZSE

Announcement on the Achievement of Unlocking Conditions for the Third Unlocking Period of the 2023 Employee Stock Ownership Plan

✨ AI Summary

This announcement details the completion of the third unlocking period of the 2023 Employee Stock Ownership Plan at Xizi Clean Energy Equipment Manufacturing Co., Ltd. As of June 1, 2026, 165 out of 195 holders met the unlocking conditions, resulting in a total of 2,475,135 shares being unlocked. The company achieved a net profit growth of 121.20% in 2025, surpassing the performance targets.

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Full Translation

AI Translation· azure_openai

Xizi Clean Energy Equipment Manufacturing Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

The third lock-up period of the 2023 Employee Stock Ownership Plan (hereinafter referred to as "the Plan") will expire on June 1, 2026. Based on the performance completion of the Company at the corporate level and the individual performance assessment of the holders for the year 2025, except for 10 holders who did not meet personal performance assessment standards and 20 holders who are ineligible due to resignation, the unlocking conditions for the remaining 165 holders have been achieved.

In accordance with the "Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plans by Listed Companies," the "Self-Regulatory Guidelines No. 1 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Main Board Listed Companies," and the Company's "2023 Employee Stock Ownership Plan," the relevant situation is announced as follows:

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