ASYMCHEM Stock Code: 002821 Stock Abbreviation: Asymchem Announcement No.: 2026-002
Asymchem (Tianjin) Co., Ltd. Announcement on Repurchasing and Canceling Part of the 2025 A-Share Restricted Stock Incentive Plan
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Asymchem (Tianjin) Co., Ltd. (hereinafter referred to as the "Company") held the seventh meeting of the Fifth Board of Directors on March 13, 2026, and deliberated and approved the "Proposal on Repurchasing and Canceling Part of the 2025 A-Share Restricted Stock Incentive Plan." It was agreed to repurchase and cancel the A-share restricted stocks that were granted to 4 departing incentive recipients from the initial grant and 1 departing incentive recipient from the reserved grant, which have not yet been released from restrictions. The relevant matters are hereby explained as follows:
I. Decision-making Procedures and Approval of the Incentive Plan
(1) On January 24, 2025, the fifty-ninth meeting of the Fourth Board of Directors deliberated and approved the "Proposal on the 2025 A-Share Restricted Stock Incentive Plan (Draft) and its Summary," the "Proposal on the Management Measures for the Implementation and Assessment of the 2025 A-Share Restricted Stock Incentive Plan," and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2025 A-Share Restricted Stock Incentive Plan by the Shareholders' Meeting." The forty-sixth meeting of the Fourth Supervisory Board deliberated and approved the aforementioned proposals.
(2) On March 18, 2025, the sixtieth meeting of the Fourth Board of Directors deliberated and approved the "Proposal on the Revised Draft of the 2025 A-Share Restricted Stock Incentive Plan (Draft) and its Summary." The forty-seventh meeting of the Fourth Supervisory Board deliberated and approved the aforementioned proposal.
(3) From January 25, 2025, to February 21, 2025, the Company publicly disclosed the names and positions of the initial grant incentive recipients on the company's internal network. By the end of the disclosure period, the Supervisory Board had not received any objections from anyone regarding the proposed incentive recipients. On March 28, 2025, the Company disclosed the "Explanation of the Supervisory Board's Opinion on the Review of the List of Incentive Recipients for the 2025 A-Share Restricted Stock Incentive Plan and the Disclosure Situation" and the "Self-Inspection Report on the Trading of Company Shares by Incentive Recipients and Insiders of the 2025 A-Share Restricted Stock Incentive Plan."