Stock Code: 300951 Stock Abbreviation: Boshuo Technology Announcement No.: 2026-035
Shenzhen Boshuo Technology Co., Ltd. Announcement on the Initial Grant of Stock Options to Incentive Participants
Important Content Tips:
- Initial Grant Date for Stock Options: June 22, 2026
- Initial Grant Quantity for Stock Options: 4.3898 million units
- Exercise Price for Stock Options: 39.20 yuan/share
- Number of Initial Incentive Participants: 153
On June 22, 2026, the Eighth Meeting of the Third Board of Directors of Shenzhen Boshuo Technology Co., Ltd. (hereinafter referred to as the "Company") deliberated and approved the "Proposal on Adjusting Relevant Matters of the 2026 Stock Option Incentive Plan" and the "Proposal on the Initial Grant of Stock Options to Incentive Participants." The Board of Directors believes that the grant conditions stipulated in the "Company 2026 Stock Option Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan") have been met. In accordance with the provisions of the Incentive Plan and the authorization of the Company's 2026 First Extraordinary General Meeting of Shareholders, the Board of Directors has determined the initial grant date of the Incentive Plan to be June 22, 2026, and agreed to grant 4.3898 million stock options to 153 eligible incentive participants at an exercise price of 39.20 yuan/share. The relevant matters are announced as follows:
I. Brief Introduction to the Incentive Plan
(I) Incentive Tools and Source of Shares
The incentive tool adopted by this Incentive Plan is stock options, and the underlying shares are sourced from the Company's A-share common shares issued to the incentive participants.
(II) Quantity of Stock Options to be Granted (Adjusted)
The total number of stock options to be granted under this Incentive Plan is 4.80 million units, accounting for approximately 2.83% of the Company's total share capital of 169.400597 million shares at the time of the announcement of the Incentive Plan. Of this, 4.3898 million units are granted initially, accounting for approximately 2.59% of the total share capital at the time of the announcement of the Incentive Plan draft and approximately 91.45% of the total equity to be granted under the Incentive Plan; 0.4102 million units are reserved, accounting for approximately 0.24% of the total share capital at the time of the announcement of the Incentive Plan and approximately 8.55% of the total equity to be granted under the Incentive Plan.
(III) Distribution of Stock Options Granted to Incentive Participants (Adjusted)
The distribution of the stock options to be granted under this Incentive Plan among the incentive participants is shown in the table below:
| No. | Name | Position | Options Granted (units) | % of Total Options Granted | % of Current Total Share Capital |
|---|---|---|---|---|---|
| 1 | Zhu Shengbo | Director, Deputy General Manager | 60,000 | 1.25% | 0.04% |
| 2 | Wang Shangling | Board Secretary, Deputy General Manager | 80,000 | 1.67% | 0.05% |
| 3 | Zhou Dan | Chief Financial Officer | 60,000 | 1.25% | 0.04% |
| Mid-to-senior management, core technical (business) personnel (150 people) | 4,189,800 | 87.29% | 2.47% | ||
| Subtotal of initial grant (153 people) | 4,389,800 | 91.45% | 2.59% | ||
| Reserved portion | 410,200 | 8.55% | 0.24% | ||
| Total | 4,800,000 | 100.00% | 2.83% |