Announcement on the Initial Grant of Restricted Shares to Incentive Targets

Stock Code: 002647 Stock Abbreviation: Rendong Holdings Announcement No.: 2026-042

Rendong Holdings Group Co., Ltd.

Announcement on the Initial Grant of Restricted Shares to Incentive Targets

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Rendong Holdings Group Co., Ltd. (hereinafter referred to as the "Company") received approval at the 2026 Second Extraordinary General Meeting to implement the 2026 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan") and authorized the Board of Directors to handle relevant matters. On August 3, 2026, the Company held the 17th meeting of the 6th Board of Directors, which reviewed and approved the "Proposal on the Initial Grant of Restricted Shares to Incentive Targets," determining that the conditions for the grant have been met.

I. Brief Description of the Incentive Plan and Procedures Performed

(I) Brief Description of the Incentive Plan

1. Incentive Method: The incentive tool for this plan is restricted shares.

2. Source of Shares: The source of shares for this plan is the Company's targeted issuance of A-share common stock.

3. Grant Quantity: The total amount of restricted shares granted under this plan is 9.42 million shares, accounting for 0.8334% of the Company's total share capital on the date of the announcement. Of this, 7.536 million shares are granted initially, accounting for 80.00% of the total grant and 0.6667% of the total share capital. The reserved portion is 1.884 million shares, accounting for 20.00% of the total grant and 0.1667% of the total share capital.

If the Company undergoes capital reserve conversion, stock dividends, stock splits, rights issues, or share consolidations between the announcement date and the completion of registration, the grant quantity will be adjusted accordingly.

1. Incentive Targets: The initial grant includes 37 incentive targets (pre-adjustment), including directors, senior management, and core technical (business) backbone employees who play an important role in the Company's overall performance and long-term development. The Company currently has no controlling shareholder or actual controller. Incentive targets do not include independent directors, nor do they include shareholders or their spouses, parents, or children who individually or collectively hold more than 5% of the Company's shares.

Reserved grant targets are determined with reference to the initial grant targets.

1. Grant Price: The grant price for the initial and reserved restricted shares is 5.51 yuan/share.

If the Company undergoes capital reserve conversion, stock dividends, stock splits, rights issues, share consolidations, or dividend distributions between the announcement date and the completion of registration, the grant price will be adjusted accordingly.

1. Validity Period: The validity period starts from the date of the initial registration of the restricted shares until the date all restricted shares are unlocked or repurchased and cancelled, not exceeding 48 months.

2. Grant Date: The grant date is determined by the Board of Directors after the Incentive Plan is approved by the General Meeting and must be a trading day. The Company must convene a Board meeting within 60 days after the General Meeting to grant the shares and complete relevant procedures. If the Company fails to complete this within 60 days, it shall disclose the reasons and terminate the plan. The period during which restricted shares cannot be granted according to the "Administrative Measures on Equity Incentives of Listed Companies" is not included in the 60-day period. Reserved grant targets must be determined before the disclosure of the 2026 third-quarter report.

3. Unlocking Arrangement:

The unlocking arrangement for the initial and reserved restricted shares is as follows: