Stock Code: 002833 Stock Abbreviation: Hongya CNC Announcement No.: 2026-033 Convertible Bond Code: 127041 Convertible Bond Abbreviation: Hongya Convertible Bond
Guangzhou Hongya CNC Machinery Co., Ltd. Announcement on the Reserved Grant of Stock Options to Participants of the 2025 Stock Option Incentive Plan
Special Notice: Reserved Grant Date: June 18, 2026 Reserved Grant Quantity: 402,000 units Exercise Price (Adjusted): 11.39 yuan/unit
Guangzhou Hongya CNC Machinery Co., Ltd. (hereinafter referred to as the "Company") held the 16th meeting of the 5th Board of Directors on June 18, 2026, where it reviewed and approved the "Proposal on the Reserved Grant of Stock Options to Participants of the 2025 Stock Option Incentive Plan." The Board of Directors believes that the grant conditions stipulated in the "2025 Stock Option Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan") have been met and agreed to set June 18, 2026, as the reserved grant date, granting 402,000 stock options to 12 eligible participants. The relevant matters are explained as follows:
I. Decision-making Procedures and Information Disclosure
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On December 29, 2025, the Company held the 13th meeting of the 5th Board of Directors, which reviewed and approved the "Proposal on the Company's '2025 Stock Option Incentive Plan (Draft)' and its Summary," the "Proposal on the '2025 Stock Option Incentive Plan Implementation Assessment Management Measures'," and the "Proposal on Requesting the Shareholders' Meeting to Authorize the Board of Directors to Handle Matters Related to the 2025 Stock Option Incentive Plan." The Remuneration and Assessment Committee of the Board of Directors expressed its opinion. Grandall Law Firm (Shenzhen) issued a legal opinion on the compliance of this incentive plan, and Shanghai Rongzheng Enterprise Consulting Service (Group) Co., Ltd. issued an independent financial advisor report on the Company's implementation of this incentive plan.
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From December 31, 2025, to January 10, 2026, the Company publicized the list of participants on the Company's announcement board. During the publicity period, the Remuneration and Assessment Committee of the Board of Directors did not receive any objections regarding the proposed participants. On January 15, 2026, the Company disclosed the "Explanation and Verification Opinion of the Remuneration and Assessment Committee of the Board of Directors on the Publicity of the List of Participants for the Initial Grant of the 2025 Stock Option Incentive Plan." On the same day, the Company disclosed the "Self-Inspection Report on the Trading of Company Shares and Convertible Bonds by Insiders and Participants of the 2025 Stock Option Incentive Plan."
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On January 23, 2026, the Company held the 2026 First Extraordinary General Meeting of Shareholders, which reviewed and approved the "Proposal on the Company's '2025 Stock Option Incentive Plan (Draft)' and its Summary," the "Proposal on the '2025 Stock Option Incentive Plan Implementation Assessment Management Measures'," and the "Proposal on Requesting the Shareholders' Meeting to Authorize the Board of Directors to Handle Matters Related to the 2025 Stock Option Incentive Plan."
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On March 4, 2026, the Company held the 14th meeting of the 5th Board of Directors, which reviewed and approved the "Proposal on Adjusting Relevant Matters of the 2025 Stock Option Incentive Plan" and the "Proposal on the Initial Grant of Stock Options to Participants of the 2025 Stock Option Incentive Plan." The Remuneration and Assessment Committee of the Board of Directors verified the list of participants and grant arrangements. Grandall Law Firm (Shenzhen) issued a legal opinion.
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On June 18, 2026, the Company held the 16th meeting of the 5th Board of Directors, which reviewed and approved the "Proposal on Adjusting Relevant Matters of the 2025 Stock Option Incentive Plan," the "Proposal on Canceling Certain Stock Options," and the "Proposal on the Reserved Grant of Stock Options to Participants of the 2025 Stock Option Incentive Plan." The Remuneration and Assessment Committee of the Board of Directors verified the adjustment of the exercise price, the cancellation of certain stock options, the list of participants for the reserved grant, and the grant arrangements. Grandall Law Firm (Shenzhen) issued a legal opinion.