The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- Listing date of the vested shares: June 10, 2026
- Number of vested shares: 16,948,000 shares
- Number of participants: 259 individuals
- Arrangement for the listing of vested shares: There are no other restrictions on the vested restricted shares, and they can be traded after listing.
On May 22, 2026, Shanghai Han'de Information Technology Co., Ltd. (hereinafter referred to as "the Company") held the ninth (temporary) meeting of the sixth board of directors, which reviewed and approved the proposal regarding the achievement of the vesting conditions for the second vesting period of the initial grant of the 2024 Restricted Stock Incentive Plan. The relevant matters are announced as follows:
I. Overview of the Implementation of the 2024 Restricted Stock Incentive Plan
(1) Main Content of the Incentive Plan
- Incentive Tool: Restricted Stock (Type II Restricted Stock).
- Source of the Target Stock: Ordinary A-shares of the Company issued to the incentive objects.
- Grant Price: 3.297 yuan/share (adjusted).
- Incentive Objects and Distribution: The initial grant of the incentive plan involves a total of 268 individuals, including core technical (business) personnel employed by the Company (including subsidiaries and holding subsidiaries), excluding independent directors, supervisors, shareholders holding 5% or more of the Company’s shares, or actual controllers and their spouses, parents, children, and foreign employees. The distribution of the restricted stock granted under this incentive plan among the incentive objects is shown in the following table:
| Name | Position | Nationality | Number of Restricted Shares Granted (10,000 shares) | Proportion of Total Rights Granted | Proportion of Total Capital on the Date of Plan Announcement |
|---|---|---|---|---|---|
| Core Technical (Business) Personnel (268 individuals) | - | - | 3,398.00 | 80.94% | 3.45% |
| Reserved | - | - | 800.00 | 19.06% | 0.81% |
| Total | - | - | 4,198.00 | 100.00% | 4.26% |
Note: (1) No individual incentive object has received shares exceeding 1.00% of the Company’s total capital through all valid equity incentive plans. The total number of shares involved in all valid equity incentive plans does not exceed 20.00% of the Company’s total capital. The reserved rights proportion does not exceed 20.00% of the total rights intended to be granted under this incentive plan. If an incentive object voluntarily waives their granted rights for personal reasons, the board will make corresponding adjustments to the granted quantity. (2) The incentive objects for the reserved portion must be determined within 12 months after the plan is approved by the shareholders' meeting, based on recommendations from the compensation committee, proposals from the board, clear opinions from the supervisory board, and legal opinions from lawyers, with relevant information disclosed in a timely and accurate manner on the designated website. (3) Any discrepancies in the totals in the above table are due to rounding of the percentage results.
- Validity Period and Vesting Arrangement of the Incentive Plan (1) Validity Period: The validity period of this incentive plan is from the date of grant of the restricted stock until all granted restricted stocks are vested or become invalid, not exceeding 48 months. (2) Vesting Arrangement: The restricted stocks granted under this incentive plan will vest in installments after 12 months from the date of grant, provided that the incentive objects meet the corresponding vesting conditions. The vesting date must be a trading day within the validity period of this incentive plan and cannot occur during periods when relevant laws, regulations, or rules restrict the trading of the Company’s stock by directors and senior management. If there are changes in the relevant laws, regulations, or rules during the validity period of this incentive plan, the vesting of restricted stocks must comply with the amended provisions.