Inovance Technology Co., Ltd.
Announcement on the Resolutions of the Third Meeting of the Fourth Board of Directors
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
Inovance Technology Co., Ltd. (hereinafter referred to as the "Company") issued a meeting notice via email and other means on August 14, 2026. The Third Meeting of the Fourth Board of Directors was held on August 19, 2026, in the Company's meeting room, both in person and via communication. A total of 8 directors were eligible to attend, and 8 directors actually attended. The Company's Secretary of the Board and other senior management personnel attended the meeting. The meeting was presided over by Chairman He Chaoxi. The convening and holding of this meeting comply with the provisions of the Company Law and other laws and regulations, as well as the Articles of Association.
II. Deliberation of the Board Meeting
After deliberation by the attending directors, the following resolutions were passed by voting:
(I) Resolution Passed on the "Proposal on the 2026 Restricted Stock Incentive Plan (Draft) and its Summary"
To further improve the Company's long-term incentive mechanism, attract and motivate outstanding talents, fully mobilize the enthusiasm of the Company's core technical and business personnel, fully protect shareholder interests, and effectively align the interests of shareholders, the Company, and employees, and to jointly focus on the Company's long-term development, in accordance with the Company Law, the Securities Law, the Administrative Measures for Equity Incentives of Listed Companies, the Listing Rules of the Shenzhen Stock Exchange for the ChiNext Market, and other relevant laws, regulations, normative documents, and the Articles of Association, the Company has formulated the "Inovance Technology Co., Ltd. 2026 Restricted Stock Incentive Plan (Draft)" and its summary, and intends to implement the restricted stock incentive plan.
For specific details, please refer to the "2026 Restricted Stock Incentive Plan (Draft)" and its summary disclosed by the Company on the Juchao Information Network.
Voting Results: 7 votes in favor, 0 votes against, 0 abstentions, 1 recusal.
Director Xiao Liyue is participating in this incentive plan and abstained from voting on this proposal.
This proposal has been reviewed and approved by the Company's Compensation and Assessment Committee, and a legal opinion has been issued by a law firm.
This proposal still needs to be submitted to the Company's general meeting of shareholders for review and approval, and must be approved by more than two-thirds of the voting rights held by shareholders (including authorized representatives) attending the general meeting of shareholders.
(II) Resolution Passed on the "Proposal on the 2026 Restricted Stock Incentive Plan Implementation and Assessment Management Measures"