Ningbo Zhenyu Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
According to the authorization from the Company's third extraordinary general meeting of shareholders for 2024, the Company convened the 14th meeting of the fifth Board of Directors on June 1, 2026, and reviewed and approved the proposal on adjusting the grant price and quantity of the 2024 Restricted Stock Incentive Plan. The relevant matters are explained as follows:
I. Approval Procedures and Information Disclosure for the Incentive Plan
-
On June 27, 2024, the Company held the 32nd meeting of the fourth Board of Directors, which reviewed and approved the proposals regarding the draft of the "2024 Restricted Stock Incentive Plan" and its summary, the implementation assessment management measures, and the proposal to authorize the Board of Directors to handle matters related to the 2024 Restricted Stock Incentive Plan. On the same day, the Company held the 24th meeting of the fourth Supervisory Board, which reviewed and approved the same proposals.
-
From June 29, 2024, to July 9, 2024, the Company publicly announced the list of proposed incentive objects for this incentive plan internally. At the end of the announcement period, the Supervisory Board received no objections to the proposed list. Detailed content can be found in the Company's announcement on July 10, 2024, disclosed on the China Securities Regulatory Commission designated information disclosure website, www.cninfo.com.cn (Announcement No.: 2024-071).
-
On July 16, 2024, the Company held the third extraordinary general meeting of shareholders for 2024, which reviewed and approved the proposals regarding the draft of the "2024 Restricted Stock Incentive Plan" and its summary, the implementation assessment management measures, and the proposal to authorize the Board of Directors to handle matters related to the 2024 Restricted Stock Incentive Plan. The implementation of the 2024 Restricted Stock Incentive Plan was approved, and the Board of Directors was authorized to determine the grant date and grant restricted stocks to eligible incentive objects.