Securities Code: 300938 Securities Abbreviation: Xincheng Standard Announcement No.: 2026-012 Shenzhen Xincheng Standard Technology Services Co., Ltd. Notice Regarding the Listing and Circulation of Unlocked Shares from the Reserve Grant Portion of the 2021 Restricted Stock Incentive Plan The Company and all members of the Board of Directors guarantee the content disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions. Key Information Highlights:
- The listing and circulation date for the unlocked restricted shares in this batch is March 31, 2026.
- The number of eligible individuals for unlocking in this batch is 43.
- The number of restricted shares that can be unlocked in this batch is 349,940 shares, accounting for 0.1437% of the company's total share capital. Shenzhen Xincheng Standard Technology Services Co., Ltd. (hereinafter referred to as the "Company") held the fourteenth meeting of the Fifth Board of Directors on March 4, 2026, and deliberated and approved the "Proposal on the Achievement of Conditions for the Third Vesting Period Unlocking of the Reserve Grant Portion of the 2021 Restricted Stock Incentive Plan." The Company has completed the procedures for the listing and circulation of shares unlocked from the third vesting period of the reserve grant portion of the 2021 restricted stock incentive plan. The relevant matters are hereby announced as follows: I. Relevant Approval Procedures for the 2021 Restricted Stock Incentive Plan
- On September 26, 2021, the twenty-first meeting of the Third Board of Directors deliberated and approved proposals including the "Proposal on the Incentive Plan (Draft) and its Summary," "Proposal on the Formulation of the 'Performance Management Measures'," and "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2021 Restricted Stock Incentive Plan." The fourteenth meeting of the Third Board of Supervisors deliberated and approved proposals including the "Proposal on the Incentive Plan (Draft) and its Summary," "Proposal on the Formulation of the 'Performance Management Measures'," and "Proposal on Verifying the List of Incentive Recipients for the 2021 Restricted Stock Incentive Plan." The Company publicly announced the list of incentive recipients internally. After the announcement period expired, the Supervisory Committee verified the list of proposed incentive recipients for this stock incentive plan. The Company and the independent directors jointly reviewed the relevant information disclosed on the Juchao Information Network (www.cninfo.com.cn) on September 27, 2021, and October 8, 2021, and provided independent opinions on whether the stock incentive plan is conducive to the company's sustainable development and whether it harms the interests of the company and all shareholders.
- On October 13, 2021, the Company's second extraordinary general meeting of shareholders in 2021 deliberated and approved proposals including the "Proposal on the Incentive Plan (Draft) and its Summary," "Proposal on the Formulation of the 'Performance Management Measures'," and "Proposal on Authorizing the Board of Directors to Handle Matters Related to the 2021 Restricted Stock Incentive Plan." The Company's implementation of the 2021 Restricted Stock Incentive Plan was approved, and the Board of Directors was authorized to determine the grant date, grant restricted shares to incentive recipients when they meet the conditions, and handle all necessary procedures for the grant.
- On October 28, 2021, the twenty-fourth meeting of the Third Board of Directors and the sixteenth meeting of the Third Board of Supervisors deliberated and approved the "Proposal on the Initial Grant of Restricted Shares to Incentive Recipients." The independent directors of the Company issued independent opinions, stating that the qualifications of the incentive recipients were legal and valid, and the determined grant date complied with relevant regulations. The Supervisory Committee agreed that the initial grant date for the 2021 Restricted Stock Incentive Plan would be October 28, 2021, and agreed to grant restricted shares to incentive recipients who met the grant conditions.
- On December 22, 2021, the Company disclosed the "Announcement on the Completion of Registration for the Initial Grant of the 2021 Restricted Stock Incentive Plan" (Announcement No.: 2021-140). A total of 173 incentive recipients were granted re