300925SZSE
🚨 Material Event

Announcement on the Results of the Third Exercise Period of the 2023 Restricted Stock and Stock Option Incentive Plan and the Listing of Shares

✨ AI Summary

This announcement details the results of the third exercise period for Shenzhen Farben Information Technology Co., Ltd.'s 2023 stock incentive plan. 17 eligible individuals exercised options for 152,256 shares at 14.68 RMB per share. These shares are scheduled to be listed on July 21, 2026. The company confirms all conditions for this exercise period have been met.

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Farben

Securities Code: 300925

Securities Abbreviation: Farben Information

Announcement Number: 2026-046

Shenzhen Farben Information Technology Co., Ltd.

Announcement on the Results of the Third Exercise Period of the 2023 Restricted Stock and Stock Option Incentive Plan and the Listing of Shares

The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.

Special Reminder:

  1. Option code for this exercise: 036536;

  2. Option abbreviation for this exercise: Farben JLC1;

  3. The number of individuals involved in this exercise is 17 (adjusted), and the exercise quantity is 152,256 units (adjusted), accounting for 0.04% of the company's current total share capital;

  4. This exercise adopts a centralized exercise mode, with an exercise price of 14.68 RMB/unit (adjusted);

  5. The listing date of the shares from this exercise is July 21, 2026.

Shenzhen Farben Information Technology Co., Ltd. (hereinafter referred to as "Farben Information" or "the Company") held the 16th meeting of the Fourth Board of Directors on June 30, 2026, and deliberated and approved the "Proposal on the Fulfillment of Conditions for the Third Exercise Period of Stock Options under the 2023 Restricted Stock and Stock Option Incentive Plan." The conditions for the third exercise period of the Company's 2023 Restricted Stock and Stock Option Incentive Plan (hereinafter referred to as "the Incentive Plan") have been met, and centralized exercise will be adopted. The relevant situation is hereby announced as follows:

I. Summary of the Implementation of the Equity Incentive Plan

(I) Brief Introduction to the Incentive Plan

On June 19, 2023, the Company convened the First Extraordinary General Meeting of Shareholders in 2023, which deliberated and approved the "Proposal on the 2023 Restricted Stock and Stock Option Incentive Plan (Draft) and its Summary." The main content of the Company's "2023 Restricted Stock and Stock Option Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan") is as follows:

  1. The Incentive Plan includes two parts: the Second Class Restricted Stock Incentive Plan and the Stock Option Incentive Plan.

  2. Grant Quantity (Before Adjustment): The plan proposes to grant a total of no more than 5,420,900 units of equity (Second Class Restricted Stock and Stock Options) to the incentive recipients, accounting for approximately 1.45% of the Company's total share capital of 374,743,900 shares at the time of the announcement of the incentive plan draft.

(1) Second Class Restricted Stock Incentive Plan: The Company plans to grant 3,124,700 units of Second Class Restricted Stock to incentive recipients, accounting for approximately 0.83% of the Company's total share capital of 374,743,900 shares on the announcement date of the incentive plan draft, and approximately 57.64% of the total equity granted.

(2) Stock Option Incentive Plan: The Company plans to grant 2,296,200 stock options to incentive recipients, accounting for approximately 0.61% of the Company's total share capital of 374,743,900 shares on the announcement date of the incentive plan draft, and approximately 42.36% of the total equity granted.

  1. Grant Price (Before Adjustment): The grant price for the Second Class Restricted Stock under the Incentive Plan is 7.45 RMB/share, and the exercise price for the stock options is 14.90 RMB/share.

  2. Number of Incentive Recipients (Before Adjustment): The total number of incentive recipients proposed to be granted is 68, including directors, senior management personnel, and management and technical (business) personnel (including foreign employees) who have a direct impact on the Company's operating performance and future development at the time of the plan's announcement, excluding independent directors and supervisors.

  3. Vesting/Exercise Arrangement for Restricted Stock/Stock Options

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