Wenzhou Yihua Connector Co., Ltd. (hereinafter referred to as "the Company") announces that the conditions for the second unlocking period of the 2023 Restricted Stock Incentive Plan (hereinafter referred to as "the Incentive Plan") have been achieved. A total of 273 eligible participants can unlock 1,981,350 restricted shares, accounting for 1.02% of the Company's current total share capital.
The unlocking of these restricted shares still requires the completion of relevant procedures with the authorities. After the procedures are completed, the Company will issue a related announcement before the shares are listed for trading.
On June 4, 2026, the Company held the tenth meeting of the fifth board of directors, which reviewed and approved the proposal regarding the achievement of conditions for the second unlocking period of the 2023 Restricted Stock Incentive Plan. The relevant matters are explained as follows: