Stock Code: 300883
Stock Abbreviation: Longlide
Announcement Number: 2026-021
Longlide Intelligent Technology Co., Ltd. (hereinafter referred to as "the Company") held the 18th meeting of the 4th Board of Directors and the 17th meeting of the 4th Supervisory Board on March 20, 2024, and convened the first extraordinary general meeting of shareholders in 2024 on April 8, 2024. The following proposals were reviewed and approved: "Proposal on the Draft of the 2024 Employee Stock Ownership Plan of Longlide Intelligent Technology Co., Ltd. and its Summary," "Proposal on the Management Measures of the 2024 Employee Stock Ownership Plan of Longlide Intelligent Technology Co., Ltd.," and "Proposal to Authorize the Board of Directors to Handle Matters Related to the 2024 Employee Stock Ownership Plan." For specific details, please refer to the relevant announcements disclosed by the Company on the Giant Tide Information Network (www.cninfo.com.cn).
The second lock-up period of the 2024 Employee Stock Ownership Plan (hereinafter referred to as "this Employee Stock Ownership Plan") expired on May 15, 2026. In accordance with the "Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plans by Listed Companies" and the "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," the Company hereby announces the relevant situation after the expiration of the second lock-up period of this Employee Stock Ownership Plan:
1. Basic Situation of this Employee Stock Ownership Plan
On March 20, 2024, the Company held the 18th meeting of the 4th Board of Directors and the 17th meeting of the 4th Supervisory Board, reviewing and approving the proposal on the draft of the 2024 Employee Stock Ownership Plan and other related proposals. On April 8, 2024, the Company convened the first extraordinary general meeting of shareholders in 2024, which approved the implementation of the 2024 Employee Stock Ownership Plan.
On May 16, 2024, the Company received the "Securities Transfer Registration Confirmation" issued by the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd., confirming that 3,956,387 shares of the Company's stock held in the "Longlide Intelligent Technology Co., Ltd. Repurchase Special Securities Account" were transferred non-traditionally to "Longlide Intelligent Technology Co., Ltd. - 2024 Employee Stock Ownership Plan" on May 15, 2024. The number of transferred shares accounted for 1.14% of the Company's total equity at that time, with a transfer price of 3.07 yuan/share.
On June 4, 2025, the Company disclosed the "Notice on the Expiration of the First Lock-up Period of the 2024 Employee Stock Ownership Plan" (Announcement No.: 2025-021), indicating that the first lock-up period of this Employee Stock Ownership Plan expired on May 15, 2025, and was unlocked on May 16, 2025, with an unlocking ratio of 50% of the total shares held under this Employee Stock Ownership Plan.
2. Status of Unlocking Conditions for the Second Lock-up Period
(1) Status of the Expiration of the Second Lock-up Period
The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
According to the Company's "2024 Employee Stock Ownership Plan" and "Management Measures of the 2024 Employee Stock Ownership Plan," the unlocking points for this Employee Stock Ownership Plan are set at 12 months and 24 months after the last transfer of the underlying stock to the Employee Stock Ownership Plan. The unlocking ratios for each period are 50% and 50%, respectively. The second lock-up period of this Employee Stock Ownership Plan expired on May 15, 2026. If the conditions are met, the unlocking ratio should be 50% of the total shares held under this Employee Stock Ownership Plan.