Announcement on the First Exercise Period of the 2025 Stock Option and Restricted Stock Incentive Plan Adopting the Independent Exercise Mode

Securities Code: 002929 Securities Abbreviation: Runjian Co., Ltd. Announcement No.: 2026-032

Runjian Co., Ltd.

Announcement on the First Exercise Period of the 2025 Stock Option and Restricted Stock Incentive Plan Adopting the Independent Exercise Mode

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free of any false representations, misleading statements, or material omissions.

Key Information Prompt:

1. Runjian Co., Ltd. (hereinafter referred to as the "Company") 2025 Stock Option and Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan") Option Abbreviation: Runjian JLC2; Option Code: 037487.
2. Under the Company's Incentive Plan, the first exercise period has 332 eligible grantees who can exercise a total of 2.4524 million stock options at an exercise price of ¥22.84 per option.
3. This exercise adopts the independent exercise mode.
4. Based on the handling of exercise procedures, the actual exercise period for the first exercise period of the Company's Incentive Plan is from May 13, 2026, to March 12, 2027 (as March 13, 2027, is a non-trading day, the exercise deadline is advanced to March 12, 2027). As of the disclosure date of this announcement, the procedures have been completed by the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited.
5. If all exercisable stock options are exercised, the Company's equity structure will still meet the listing requirements.

The Company held its 30th meeting of the Fifth Board of Directors on April 24, 2026, and deliberated and approved the "Proposal on the Fulfillment of Exercise Conditions for the First Exercise Period of the 2025 Stock Option and Restricted Stock Incentive Plan." According to the "Administrative Measures for Equity Incentives of Listed Companies" (hereinafter referred to as the "Measures"), relevant laws and regulations, and the "Runjian Co., Ltd. 2025 Stock Option and Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan"), and based on the authorization from the Company's First Extraordinary General Meeting of Shareholders in 2025, the Board of Directors believes that the conditions for the first exercise period of the 2025 Stock Option and Restricted Stock Incentive Plan have been met.