Securities Code: 002897 Securities Abbreviation: Yihua Shares Announcement Number: 2026-031 Wenzhou Yihua Connector Co., Ltd. Announcement Regarding the Listing and Circulation of Restricted Shares Under the Second Tranche of the 2023 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 that there are no false records, misleading statements, or material omissions.
Special Notes:
- The number of incentive recipients eligible for unlocking this time is 273, with a total of 1,981,350 shares eligible for unlocking, accounting for 1.0219% of the company's current total share capital.
- The listing and circulation date for the shares to be unlocked this time is: June 23, 2026.
Wenzhou Yihua Connector Co., Ltd. (hereinafter referred to as the "Company") held the tenth meeting of the Fifth Board of Directors on June 4, 2026, and deliberated and approved the "Proposal on the Fulfillment of Conditions for the Second Tranche of Unlocking of Restricted Shares Under the 2023 Restricted Stock Incentive Plan." In accordance with the provisions of the Company's "2023 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan") and the authorization from the fourth extraordinary general meeting of shareholders in 2023, the Company has completed the unlocking procedures for the second tranche of the Incentive Plan for 273 eligible incentive recipients who meet the unlocking conditions. The relevant matters are hereby described as follows:
I. Decision-Making Procedures and Information Disclosure for the Incentive Plan