Shenzhen Tachyon Communication Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
On March 27, 2026, the Company held the 14th meeting of the fifth board of directors, where it reviewed and approved the proposal regarding the achievement of unlocking conditions for the second lock-up period of the 2024 Employee Stock Ownership Plan. The board believes that the unlocking conditions for the second lock-up period of the 2024 Employee Stock Ownership Plan have been met, with an unlocking ratio of 50% of the total plan, amounting to 900,000 shares, which accounts for 0.3963% of the Company's total share capital. The relevant information is announced as follows:
1. Basic Information of the 2024 Employee Stock Ownership Plan
The Company held the third meeting of the fifth board of directors and the third meeting of the fifth supervisory board on February 20, 2024, and convened the first extraordinary general meeting of shareholders on March 8, 2024, to review and approve proposals regarding the "2024 Employee Stock Ownership Plan (Draft)" and its summary, the "Management Measures for the 2024 Employee Stock Ownership Plan," and the proposal to authorize the board of directors to handle matters related to the 2024 Employee Stock Ownership Plan. The Company disclosed the announcement regarding the completion of non-trading transfer of the 2024 Employee Stock Ownership Plan on March 15, 2024, with specific details available in the announcement disclosed on March 15, 2024, on the Giant Tide Information Network (http://www.cninfo.com.cn).
On March 14, 2025, the Company disclosed the "Reminder Announcement on the Expiration of the First Lock-up Period of the 2024 Employee Stock Ownership Plan," with specific details available in the announcement disclosed on March 14, 2025, on the Giant Tide Information Network (http://www.cninfo.com.cn). On March 27, 2025, the Company held the eighth meeting of the fifth board of directors and the eighth meeting of the fifth supervisory board, where it reviewed and approved the proposal regarding the achievement of unlocking conditions for the first lock-up period of the 2024 Employee Stock Ownership Plan, with specific details available in the announcement disclosed on March 29, 2025, on the Giant Tide Information Network (http://www.cninfo.com.cn).
On March 16, 2026, the Company disclosed the "Reminder Announcement on the Expiration of the Second Lock-up Period of the 2024 Employee Stock Ownership Plan," with specific details available in the announcement disclosed on March 16, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn).
On March 27, 2026, the Company held the 14th meeting of the fifth board of directors, where it reviewed and approved the proposal regarding the achievement of unlocking conditions for the second lock-up period of the 2024 Employee Stock Ownership Plan. The unlocking ratio is 50% of the total shares held under the employee stock ownership plan, amounting to 900,000 shares.