Stock Code: 300337 Stock Abbreviation: Yinbang Shares Announcement No.: 2026-045
Bond Code: 123252 Bond Abbreviation: Yinbang Convertible Bonds
Yinbang Clad Material Co., Ltd.
Announcement on the Initial Grant of Restricted Shares to 2026 Incentive Participants
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.
Important Content Notice:
Equity Incentive Method: Type II Restricted Shares
Initial Grant Date: June 30, 2026
Initial Number of Restricted Shares Granted: 5.31 million shares
Number of Participants for Initial Grant: 117 people
Initial Grant Price: 6.79 yuan/share
In accordance with the "Yinbang Clad Material Co., Ltd. 2026 Restricted Share Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan"), the conditions for the initial grant of restricted shares have been met. Authorized by the 2026 Second Extraordinary General Meeting of Shareholders, the Company held the Third Meeting of the Sixth Board of Directors on June 30, 2026, and approved the "Proposal on the Initial Grant of Restricted Shares to Incentive Participants of the 2026 Restricted Share Incentive Plan." It was agreed to set June 30, 2026, as the initial grant date and to grant 5.31 million Type II restricted shares to 117 eligible participants at a grant price of 6.79 yuan/share. The relevant matters are explained as follows:
I. Brief Introduction to the Incentive Plan
On June 25, 2026, the Company held the 2026 Second Extraordinary General Meeting of Shareholders and approved the "Yinbang Clad Material Co., Ltd. 2026 Restricted Share Incentive Plan (Draft)." The main contents are as follows:
(I) Incentive Tool: Restricted shares (Type II restricted shares).
(II) Source of Underlying Shares: A-share common shares issued by the Company to the incentive participants.
(III) Grant Price: 6.79 yuan/share.
(IV) Incentive Participants and Allocation: The total number of participants for the initial grant is 117, including directors, senior management, middle management, and core technical (business) personnel of the Company (including subsidiaries). It does not include independent directors, foreign employees, shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, or their spouses, parents, or children.
The allocation of the restricted shares initially granted under this plan is shown in the table below:
| No. | Name | Nationality | Position | Number of Restricted Shares Granted (10,000 shares) | Percentage of Total Grant | Percentage of Current Total Share Capital |
|---|---|---|---|---|---|---|
| 1 | Lv Youhua | China | Deputy General Manager | 30.00 | 5.00% | 0.04% |
| 2 | Cao Lei | China | Director, Deputy General Manager | 30.00 | 5.00% | 0.04% |
| 3 | Zhou Kai | China | Deputy General Manager | 30.00 | 5.00% | 0.04% |
| 4 | Zhou Chunhua | China | Deputy General Manager | 20.00 | 3.33% | 0.02% |
| 5 | Gu Xiaoming | China | Director | 20.00 | 3.33% | 0.02% |
| 6 | Gu Yiming | China | Board Secretary | 20.00 | 3.33% | 0.02% |
| 7 | Wang Jie | China | Chief Financial Officer | 20.00 | 3.33% | 0.02% |
| Middle Management and Core Technical (Business) Personnel (110 people) | 361.00 | 60.17% | 0.44% | |||
| Reserved | 69.00 | 11.50% | 0.08% | |||
| Total | 600.00 | 100.00% | 0.73% |
Note: 1. The incentive participants involved in this plan do not include independent directors, foreign employees, shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, or their spouses, parents, or children.
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The Company's shares granted to any one of the above incentive participants through all equity incentive plans within the validity period do not exceed 1% of the Company's total share capital. The total number of underlying shares involved in all of the Company's incentive plans within the validity period does not exceed 20% of the Company's total share capital.
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If the sum of the sub-items in the table above does not match the total due to rounding, it is caused by rounding.