Shanghai Yaoji Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or major omissions.
Special Reminder:
- The number of restricted stocks repurchased and canceled under the 2022 Equity Incentive Plan (hereinafter referred to as "the Incentive Plan") is 725,000 shares, involving 6 incentive targets, accounting for 0.17% of the total share capital before the repurchase and cancellation. The total amount for the repurchase and cancellation of these restricted stocks is RMB 4,212,250.
- As of the date of this announcement, the Company has completed the repurchase and cancellation procedures for the restricted stocks at the Shenzhen branch of China Securities Depository and Clearing Co., Ltd.
- After the completion of this repurchase and cancellation, the Company's total share capital will decrease by 725,000 shares.
On April 29, 2026, the Company held the 27th meeting of the 6th Board of Directors, which reviewed and approved the proposal on the repurchase and cancellation of part of the restricted stocks, which was also approved by the Company's 2025 annual shareholders' meeting. According to the relevant provisions of the "2022 Equity Incentive Plan (Draft)" and the "Implementation Assessment Management Measures of the 2022 Equity Incentive Plan," if an incentive target resigns, terminates the labor relationship with the Company for personal reasons, or fails to meet performance assessment targets, the restricted stocks granted but not yet released from the lock-up period will be repurchased and canceled by the Company at the adjusted grant price. Given that one incentive target has left the Company for personal reasons and is no longer eligible for incentives, and five incentive targets have not met performance assessment targets, the Company will repurchase and cancel the 725,000 restricted stocks that have been granted but not yet released from the lock-up period. For specific details, please refer to the announcement titled "Announcement on the Repurchase and Cancellation of Part of the Restricted Stocks" disclosed on April 30, 2026, on the Giant Tide Information Network (Announcement No. 2026-023).
As of the date of this announcement, the Company has completed the repurchase and cancellation procedures for the aforementioned restricted stocks at the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. The specific situation is announced as follows: