Securities Code: 300972 Securities Abbreviation: Vanke Group Announcement Number: 2026-044
Fujian Vanke Food Co., Ltd. Announcement on the Results of the Second Vesting Period of the First Tranche of the 2022 Restricted Stock Incentive Plan and the Listing of Shares
The Company and the entire Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Key Information Prompt:
- Number of eligible employees for vesting under the second tranche of restricted stock: 6 people
- Number of shares to be vested under the second tranche of restricted stock: 656,000 shares, accounting for 0.34% of the Company's current total share capital.
- Source of restricted stock to be vested: Ordinary RMB A shares of the Company issued by the Company to the incentive recipients.
- The listing and circulation date of the restricted stock to be vested is April 23, 2026.
According to the resolution of the Fourth Board of Directors' 20th Meeting held on October 28, 2024, Fujian Vanke Food Co., Ltd. (hereinafter referred to as the "Company" or "Vanke Group") deliberated and approved the "Proposal on the Fulfillment of Vesting Conditions for the Second Vesting Period of the First Tranche and the First Vesting Period of the Reserved Tranche of the 2022 Restricted Stock Incentive Plan." In November 2024, the Company completed the registration of vested shares for 44 incentive recipients for the second vesting period of the first tranche and the first vesting period of the reserved tranche of the 2022 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan" or the "Incentive Plan"). For the first tranche, 7 incentive recipients temporarily postponed vesting to avoid short-swing trading. For details, please refer to the "Announcement on the Results of the Second Vesting Period of the First Tranche and the First Vesting Period of the Reserved Tranche of the 2022 Restricted Stock Incentive Plan and the Listing of Shares" disclosed by the Company on CNI (www.cninfo.com.cn) on November 7, 2024 (Announcement Number: 2024-103).
Recently, the Company completed the share registration for the second vesting period of the first tranche of the Incentive Plan for incentive recipients whose vesting was temporarily postponed. One incentive recipient who had temporarily postponed vesting has resigned due to personal reasons and is no longer eligible as an incentive recipient. The restricted shares granted but not yet vested will be cancelled. The relevant matters are hereby explained as follows:
I. Summary of the Implementation of the Incentive Plan
(I) Main Content of the Incentive Plan
The Company deliberated and approved relevant proposals, including the "Proposal on the 2022 Restricted Stock Incentive Plan (Revised Draft) and its Summary," "Proposal on Revising Relevant Content of the Reserved Tranche of the 2022 Restricted Stock Incentive Plan," and "Proposal on the 2022 Restricted Stock Incentive Plan (Second Revision) and its Summary" at the First Extraordinary General Meeting of Shareholders in 2022 held on October 17, 2022, the Seventh Extraordinary General Meeting of Shareholders in 2023 held on August 16, 2023, and the Fourth Extraordinary General Meeting of Shareholders in 2025 held on November 3, 2025. The main content of the Incentive Plan is as follows: