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 major omissions.
Important Content Reminder:
- Vesting date: June 5, 2026;
- Number of shares vesting: 2,531,500 shares;
- Number of participants: 55 people;
- Source of shares: The company issued A-share common stock to the incentive recipients.
Shenzhen Xuan Ya International Marketing Technology Co., Ltd. (hereinafter referred to as "the Company") held the 20th meeting of the fifth board of directors on May 15, 2026, and approved the proposal regarding the achievement of the vesting conditions for the first vesting period of the second type of restricted stock under the 2024 incentive plan. The board believes that the vesting conditions specified in the 2024 incentive plan have been met, with a total of 55 eligible incentive recipients and a total of 2,531,500 shares vesting. As of the date of this announcement, the Company has completed the registration of the vesting of the restricted stock for the first vesting period under this incentive plan, and the relevant matters are announced as follows:
Summary of the Implementation of the Equity Incentive Plan
(1) Brief Description of the Incentive Plan
On November 20, 2024, the Company held the second extraordinary general meeting of shareholders in 2024, which approved the proposal regarding the "2024 Restricted Stock Incentive Plan (Draft)" and its summary. The main contents of this incentive plan are as follows:
- First Type of Restricted Stock Incentive Plan
- Source of First Type of Restricted Stock: The Company issues A-share common stock to the incentive recipients.
- Grant Price of First Type of Restricted Stock: 8.07 yuan/share.
- Number and Distribution of First Type of Restricted Stock to be Granted: The Company plans to grant 400,000 shares of the first type of restricted stock to the incentive recipients, accounting for approximately 0.22% of the total share capital of the Company as of the date of the announcement of this incentive plan draft. This grant of the first type of restricted stock is a one-time grant, with no reserved rights. The recipients include 4 individuals, comprising some directors, senior management, and core personnel (business).
- Validity Period, Lock-up Period, Release Arrangement, and Sale Restriction of the First Type of Restricted Stock:
- Validity Period: The validity period of the first type of restricted stock incentive plan is from the grant date of the first type of restricted stock until the date when all the granted first type of restricted stock is released from restrictions or repurchased and canceled, not exceeding 36 months.
- Lock-up Period: The lock-up period for the granted first type of restricted stock varies, starting from the date of registration completion by the incentive recipients. The interval between the grant date and the first release date must not be less than 12 months.
- Release Arrangement: The release arrangement for the first type of restricted stock is as follows:
| Release Period | Release Time | Release Ratio |
|---|---|---|
| First Release Period | From the first trading day after 12 months from the grant date to the last trading day within 24 months from the grant date | 50% |
| Second Release Period | From the first trading day after 24 months from the grant date to the last trading day within 36 months from the grant date | 50% |
In the event that the release conditions for the first type of restricted stock are not met during the specified period, the stock cannot be released or deferred to the next release period, and the Company will repurchase and cancel it according to the principles stipulated in this incentive plan. After the release conditions for the first type of restricted stock are met, the Company will uniformly handle the release matters for the first type of restricted stock that meets the release conditions.