Securities Code: 300503 Securities Abbreviation: Haozhi Electromechanical Announcement No.: 2026-051
Guangzhou Haozhi Electromechanical Co., Ltd.
Announcement on the Cancellation of Partially Granted and Unvested Restricted Shares under the 2024 Restricted Share Incentive Plan
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Guangzhou Haozhi Electromechanical Co., Ltd. (hereinafter referred to as "Haozhi Electromechanical" or the "Company") held the 24th meeting of the Fifth Board of Directors on August 10, 2026, and deliberated and approved the "Proposal on Cancelling Partially Granted and Unvested Restricted Shares under the 2024 Restricted Share Incentive Plan." The relevant content is hereby announced as follows:
I. Relevant Deliberation Procedures for the Incentive Plan
(I) On June 28, 2024, the Company held the 9th meeting of the Fifth Board of Directors and the 9th meeting of the Fifth Supervisory Board, which deliberated and approved the "Proposal on the 2024 Restricted Share Incentive Plan (Draft)" and its summary. The incentive plan proposed to grant 8.262 million Class II restricted shares to 102 incentive recipients for the first time, with a reserve of 0.918 million restricted shares. The grant price (including the reserve portion) was RMB 6.50 per share. For details, please refer to the relevant announcement published by the Company on the Juchao Network (http://www.cninfo.com.cn/) on July 2, 2024.
(II) From July 3 to July 15, 2024, the Company publicly disclosed the names and positions of the initial incentive recipients within the Company. During the disclosure period, the Supervisory Board did not receive any objections related to the initial grant recipients of the incentive plan. For details, please refer to the relevant announcement published by the Company on the Juchao Network (http://www.cninfo.com.cn/) on July 17, 2024.
(III) On July 23, 2024, the Company held the First Extraordinary General Meeting of Shareholders in 2024, which deliberated and approved the "Proposal on the 2024 Restricted Share Incentive Plan (Draft)" and its summary. For details, please refer to the relevant announcement published by the Company on the Juchao Network (http://www.cninfo.com.cn/) on July 24, 2024.
(IV) On August 1, 2024, the Company held the 11th meeting of the Fifth Board of Directors and the 11th meeting of the Fifth Supervisory Board, which deliberated and approved the "Proposal on Adjusting Matters Related to the Company's 2024 Restricted Share Incentive Plan" and the "Proposal on Granting Restricted Shares to Incentive Recipients for the First Time under the 2024 Restricted Share Incentive Plan." The Board of Directors adjusted the list of incentive recipients and the number of restricted shares granted for the first time under the 2024 restricted share incentive plan. After the adjustment, the number of incentive recipients for the first grant was adjusted from 102 to 101, and the number of Class II restricted shares granted for the first time was adjusted from 8.262 million shares to 8.1838 million shares. On the same day, the Board of Directors determined that the vesting conditions had been met and set August 1, 2024, as the first grant date. The grant price (including the reserve portion) was RMB 6.50 per share, and 8.1838 million Class II restricted shares were granted to 101 eligible incentive recipients. For details, please refer to the relevant announcement published by the Company on the Juchao Network (http://www.cninfo.com.cn/) on August 3, 2024.
(V) On April 18, 2025, the Company held the 16th meeting of the Fifth Board of Directors and the 16th meeting of the Fifth Supervisory Board, which deliberated and approved the "Proposal on Cancelling Partially Granted and Unvested Restricted Shares under the 2024 Restricted Share Incentive Plan," agreeing to cancel 0.533 million partially granted and unvested restricted shares. For details, please refer to the relevant announcement published by the Company on the Juchao Network (http://www.cninfo.com.cn/) on April 22, 2025.