002708SZSE

Notice on the Expiration of the First Lock-up Period for the Initial Grant of the 2025 Employee Stock Ownership Plan

Changzhou NRB Corporation··3 pages

✨ AI Summary

This announcement informs stakeholders about the expiration of the first lock-up period for the initial grant of the 2025 Employee Stock Ownership Plan, which ended on June 3, 2026. The plan involved the transfer of 5.8334 million shares, representing 1.04% of the company's total share capital. The company will hold a board meeting to confirm performance assessments and manage related rights accordingly.

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Full Translation

AI Translation· azure_openai

Securities Code: 002708

Securities Abbreviation: Guangyang Co., Ltd.

Announcement Number: (2026) No. 039

Chaozhou Guangyang Bearing 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 significant omissions.

Chaozhou Guangyang Bearing Co., Ltd. held the 13th meeting of the 5th Board of Directors and the 11th meeting of the 5th Supervisory Board on April 2, 2025, and convened the first extraordinary general meeting of shareholders in 2025 on April 18, 2025. The following proposals were reviewed and approved: "Proposal on the Draft of Chaozhou Guangyang Bearing Co., Ltd. 2025 Employee Stock Ownership Plan and its Summary," "Proposal on the Management Measures of Chaozhou Guangyang Bearing Co., Ltd. 2025 Employee Stock Ownership Plan," and "Proposal to Authorize the Board of Directors to Handle Matters Related to the 2025 Employee Stock Ownership Plan." The implementation of the 2025 Employee Stock Ownership Plan (hereinafter referred to as "the Employee Stock Ownership Plan") was approved. For specific details, please refer to the announcements disclosed by the Company on April 3, 2025, and April 19, 2025, on the Giant Tide Information Network (www.cninfo.com.cn).

According to the relevant regulations of the China Securities Regulatory Commission on the pilot implementation of employee stock ownership plans, the Shenzhen Stock Exchange's self-regulatory guidelines for listed companies, and the proposals regarding the "Draft of Chaozhou Guangyang Bearing Co., Ltd. 2025 Employee Stock Ownership Plan," the first lock-up period for the initial grant of this Employee Stock Ownership Plan expired on June 3, 2026. The announcement is as follows:

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