Securities Code: 002847
Securities Abbreviation: Yanjinpuzi
Announcement Number: 2026-019
Yanjinpuzi Food Co., Ltd. (hereinafter referred to as "the Company" or "Yanjinpuzi") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
On April 7, 2026, the Company held the 23rd meeting of the 4th Board of Directors, which reviewed and approved the proposal on the repurchase and cancellation of certain restricted stocks granted to incentive participants from the 2023 First and Second Phase Incentive Plans that have not yet been released from restrictions. According to the relevant provisions of the Company's "2023 Restricted Stock Incentive Plan (Draft)" and "2023 Second Phase Restricted Stock Incentive Plan (Draft)", due to the Company's failure to meet the performance assessment targets set for 2025 and the departure of incentive participants, the Company intends to repurchase and cancel a total of 2,403,240 shares of restricted stocks held by 88 incentive participants (the number of participants is calculated after combining the two incentive plans). This proposal is subject to the review of the Company's shareholders' meeting, and the relevant matters are explained as follows: