Announcement on Granting Restricted Stock to Incentive Objects of the Company's 2026 Restricted Stock Incentive Plan

Stock Code: 300568

Stock Abbreviation: Xingyuan Material

Announcement Number: 2026-030

Shenzhen Xingyuan Material Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Important Content Reminder:

1. Grant Date of Restricted Stock: April 7, 2026
2. Type of Equity Incentive: First Category Restricted Stock
3. Number of Restricted Stocks Granted: 8.5802 million shares, accounting for 0.64% of the Company's total share capital of 134,571.0639 million shares
4. Grant Price of Restricted Stock: 7.50 yuan/share

Shenzhen Xingyuan Material Technology Co., Ltd. held the 25th meeting of the 6th Board of Directors on April 7, 2026, and approved the proposal on granting restricted stocks to the incentive objects of the Company's 2026 Restricted Stock Incentive Plan. According to the "Management Measures for Equity Incentives of Listed Companies" (hereinafter referred to as "the Management Measures"), the relevant provisions of the Company's "2026 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as "this Incentive Plan"), and the authorization of the Company's second extraordinary general meeting of shareholders in 2026, the Board of Directors believes that the granting conditions stipulated in the 2026 Restricted Stock Incentive Plan have been met. The grant date is determined as April 7, 2026, and 8.5802 million restricted stocks will be granted to 63 eligible incentive objects at a price of 7.50 yuan/share. The relevant matters are announced as follows:

I. Overview of the Incentive Plan and Relevant Approval Procedures

(1) Overview of the Incentive Plan

This Incentive Plan has been approved by the Company's second extraordinary general meeting of shareholders held on March 31, 2026, with the main content as follows:

1. The incentive form adopted by this Incentive Plan is the first category of restricted stock;
2. The stocks involved in this Incentive Plan are sourced from the Company's repurchase of A-share common stocks in the secondary market;
3. The total number of incentive objects granted under this Incentive Plan is 63, including directors, senior management, middle management, and core technical (business) personnel employed by the Company (including subsidiaries), excluding foreign employees, independent directors, shareholders holding 5% or more of the Company's shares individually or collectively, and their spouses, parents, and children.

The distribution of the restricted stocks granted under this Incentive Plan among the incentive objects is as follows:

Note: Any discrepancies in totals due to rounding are consistent throughout this Incentive Plan.