The company and the board of directors ensure that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or major omissions.
Zhonghuan Xichuang Co., Ltd. (hereinafter referred to as "the Company") held the 29th meeting of the fifth board of directors on March 27, 2026, and approved the "Announcement on Adjusting the Grant Price of the Third Phase of the Restricted Stock Incentive Plan" (hereinafter referred to as "the Announcement"). According to the provisions of the "Restricted Stock Incentive Plan" (hereinafter referred to as "the Plan") and relevant regulations, the following matters are announced:
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The relevant approval procedures for the stock incentive plan have been completed.
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On October 20, 2023, the Company convened the third meeting of the fifth board of directors and the fifth supervisory board meeting, and approved the "Announcement on Adjusting the Grant Price of the Third Phase of the Restricted Stock Incentive Plan" and other important resolutions. The Company expressed its high regard for the opinions of the board of directors and the supervisory board, and proposed to adjust the grant price of the stock incentive plan to align with the overall stock price situation.