Announcement on the Completion of Stock Option Grant Registration
Securities Code: 002864
Securities Abbreviation: Panlong Pharmaceutical
Announcement Number: 2026-035
Panlong Pharmaceutical Group Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Stock Option Abbreviation: Panlong JLC
- Stock Option Code: 037969
- Stock Option Grant Date: May 29, 2026
- Stock Option Registration Completion Date: June 4, 2026
- Number of Stock Options Registered: 373,500
- Stock Option Exercise Price: 31.11 RMB per option
- Number of Individuals Granted Stock Options: 60
- Source of Underlying Stock for Granted Stock Options: Company’s A-share common stock issued to incentive objects
According to the "Management Measures for Equity Incentives of Listed Companies" and the "2026 Stock Option Incentive Plan (Draft)" of Panlong Pharmaceutical Group Co., Ltd. (hereinafter referred to as "the Company"), the grant registration for the 2026 Stock Option Incentive Plan (hereinafter referred to as "this Incentive Plan") was completed on June 4, 2026, at the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. The relevant matters are announced as follows:
I. Relevant Decision Procedures and Information Disclosure of This Incentive Plan
On May 12, 2026, the Company held the seventh meeting of the fifth board of directors, which reviewed and approved the proposals regarding the "2026 Stock Option Incentive Plan (Draft)" and its summary, the "Implementation Assessment Management Measures for the 2026 Stock Option Incentive Plan," and the proposal to authorize the board to handle matters related to the 2026 Stock Option Incentive Plan. The relevant matters were approved by the board's remuneration and assessment committee.
From May 12, 2026, to May 21, 2026, the Company publicly announced the names and positions of the incentive objects for the 2026 Stock Option Incentive Plan internally. During the announcement period, the board's remuneration and assessment committee did not receive any objections from internal personnel regarding the incentive objects of this Incentive Plan.
On May 22, 2026, the Company disclosed the "Explanation and Verification Opinion on the Public Announcement of the List of Incentive Objects for the 2026 Stock Option Incentive Plan by the Board's Remuneration and Assessment Committee."
On May 26, 2026, the Company held the 2025 annual shareholders' meeting, which reviewed and approved the proposals regarding the "2026 Stock Option Incentive Plan (Draft)" and its summary, the "Implementation Assessment Management Measures for the 2026 Stock Option Incentive Plan," and the proposal to authorize the board to handle matters related to the 2026 Stock Option Incentive Plan.
On May 27, 2026, the Company disclosed the "Self-Examination Report on the Trading of Company Stocks by Insiders and Incentive Objects of the 2026 Stock Option Incentive Plan." Within six months prior to the public disclosure of this Incentive Plan, no insider trading or leakage of insider information related to this Incentive Plan was found.
On May 29, 2026, the eighth meeting of the fifth board of directors was held, which reviewed and approved the proposal to grant stock options to the incentive objects of the 2026 Stock Option Incentive Plan. The relevant matters were approved by the board's remuneration and assessment committee. The committee verified the list of incentive objects and issued a verification opinion, and a legal opinion was provided by the lawyer.
II. Specific Situation of the Completion of Grant Registration for This Incentive Plan
- Option Abbreviation: Panlong JLC
- Option Code: 037969
- Stock Option Grant Date: May 29, 2026
- Stock Option Registration Completion Date: June 4, 2026
- Number of Stock Options Registered: 373,500
- Stock Option Exercise Price: 31.11 RMB per option
- Number of Individuals Granted Stock Options: 60
- Source of Underlying Stock for Granted Stock Options: Company’s A-share common stock issued to incentive objects