Securities Code: 300394
Securities Abbreviation: Tianfu Communication
Announcement Number: 2026-016
Suzhou Tianfu Communication Co., Ltd. (hereinafter referred to as "the Company" or "Tianfu Communication") held the tenth meeting of the fifth board of directors on April 6, 2026, where it reviewed and approved the proposal regarding the cancellation of certain granted but unvested restricted stocks under the 2023 Restricted Stock Incentive Plan. In accordance with the Company's "2023 Restricted Stock Incentive Plan" and the authorization from the third extraordinary general meeting of shareholders in 2023, the board of directors has decided to cancel the aforementioned restricted stocks. The specific details are announced as follows:
I. Relevant Approval Procedures for the 2023 Restricted Stock Incentive Plan
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On November 10, 2023, the Company held the fourteenth meeting of the fourth board of directors, where it reviewed and approved the proposals regarding the "Draft of the 2023 Restricted Stock Incentive Plan" and its summary, the "Implementation Assessment Management Measures for the 2023 Restricted Stock Incentive Plan," and the proposal to authorize the board of directors to handle matters related to the 2023 Restricted Stock Incentive Plan. The independent directors expressed independent opinions on the relevant proposals of this incentive plan. On the same day, the Company held the fourteenth meeting of the fourth supervisory board, which reviewed and approved the aforementioned proposals and verified the list of incentive targets for the initial grant of the 2023 Restricted Stock Incentive Plan, issuing relevant verification opinions.
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From November 13 to November 22, 2023, the Company publicly announced the names and positions of the proposed incentive targets for this incentive plan internally. During the announcement period, the supervisory board received no objections to the proposed list of incentive targets, with no feedback records. On November 25, 2023, the supervisory board and all members of the board of directors guaranteed the authenticity, accuracy, and completeness of the disclosed information, with no false records, misleading statements, or significant omissions. The "Supervisory Board's Verification Opinions and Publicity Situation on the List of Initial Grant Incentive Targets for the 2023 Restricted Stock Incentive Plan" was disclosed (Announcement No.: 2023-079).