[Company Name]
[Stock Code]: 002925 [Stock Abbreviation]: Yingqu Technology [Announcement Number]: 2026-068
Announcement on the Adjustment of the Exercise Price of the 2025 Stock Option Incentive Plan
The company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
The company convened the 26th meeting of the Fifth Board of Directors on August 6, 2026, and deliberated and approved the "Proposal on Adjusting the Exercise Price of the 2025 Stock Option Incentive Plan." The exercise price of the stock options granted for the first time and reserved under the 2025 stock option incentive plan has been adjusted from RMB 13.40 per option to RMB 13.17 per option. The relevant adjustment details are hereby announced as follows:
I. Relevant Approval Procedures and Information Disclosure for the 2025 Stock Option Incentive Plan
- On March 7, 2025, the company convened the fourth meeting of the Remuneration and Assessment Committee of the Fifth Board of Directors and deliberated and approved the "Proposal on the 2025 Stock Option Incentive Plan (Draft) and its Summary" and the "Proposal on the Performance Management Measures for the Implementation of the 2025 Stock Option Incentive Plan."
On the same day, the company convened the 15th meeting of the Fifth Board of Directors and deliberated and approved the "Proposal on the 2025 Stock Option Incentive Plan (Draft) and its Summary," the "Proposal on the Performance Management Measures for the Implementation of the 2025 Stock Option Incentive Plan," and the "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2025 Stock Option Incentive Plan by the Shareholders' Meeting."
On the same day, the company convened the 14th meeting of the Supervisory Board of the Fifth Board of Directors and deliberated and approved the "Proposal on the 2025 Stock Option Incentive Plan (Draft) and its Summary," the "Proposal on the Performance Management Measures for the Implementation of the 2025 Stock Option Incentive Plan," and the "Proposal on the List of Initial Grantees of the 2025 Stock Option Incentive Plan." The Supervisory Board verified the relevant matters of this incentive plan and issued its opinion.
- From March 12, 2025, to March 21, 2025, the company publicly disclosed the names and positions of the initial grantees of this incentive plan through its internal announcement system. During the disclosure period, the company's Supervisory Board did not receive any objections regarding the intended grantees of this incentive plan. On March 22, 2025, the Supervisory Board disclosed the "Supervisory Board's Opinion on the List of Initial Grantees of the 2025 Stock Option Incentive Plan and the Explanation of the Disclosure."