Announcement on the First Vesting Result and Share Listing of the First Tranche of the 2025 Restricted Stock Incentive Plan

Securities Code: 301029

Securities Abbreviation: Yiheda

Announcement No.: 2026-033

Announcement on the First Vesting Result and Share Listing of the First Tranche of the 2025 Restricted Stock Incentive Plan

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

Special Reminder:

1. Vesting Date: July 24, 2026

2. Number of Shares to be Vested: 1,584,000 shares

3. Number of Employees to Vest: 79 people

4. Listing and Circulation Arrangement/Lock-up Arrangement for Vested Shares: The restricted shares to be vested are not subject to lock-up arrangements and can be circulated upon listing.

Dongguan Yiheda Automation Co., Ltd. (hereinafter referred to as the "Company") announces that the vesting conditions for the first vesting period of the first tranche of the 2025 Restricted Stock Incentive Plan (hereinafter referred to as the "Incentive Plan" or the "Plan") have been met. Pursuant to the authorization of the Company's First Extraordinary General Meeting of Shareholders in 2025, the Company convened the Second Meeting of the Fourth Board of Directors on July 10, 2026, and deliberated and approved the "Proposal on the Fulfillment of Vesting Conditions for the First Vesting Period of the First Tranche of the 2025 Restricted Stock Incentive Plan". Recently, the Company completed the registration for the vesting of the second type of restricted shares for the first vesting period of the first tranche of the Incentive Plan. The relevant situation is hereby announced as follows:

I. Summary of the Implementation of the Incentive Plan

(I) Brief Introduction to the Incentive Plan

On July 15, 2025, the Company convened the First Extraordinary General Meeting of Shareholders in 2025, which deliberated and approved the "Proposal on the 2025 Restricted Stock Incentive Plan (Draft) and its Summary", the main contents of which are as follows:

1. Equity Incentive Method: Second type of restricted shares

2. Source of Shares: Shares repurchased by the Company from the secondary market or shares issued by the Company to the incentive recipients.

3. Initial Grant Price: RMB 11.5 per share (before adjustment)

4. Validity Period and Vesting Arrangement of the Incentive Plan

(1) Validity Period of the Incentive Plan

The validity period of the Incentive Plan shall be from the date of grant of the restricted shares to the date when all granted restricted shares are vested or become invalid due to expiration, whichever is the longest, not exceeding 60 months.

(2) Vesting Arrangement of the Incentive Plan

The restricted shares granted under the Incentive Plan will be vested in installments according to the agreed proportion after the incentive recipients meet the corresponding vesting conditions. The vesting date must be a trading day, and vesting shall not occur during the following periods:

① Within 15 days prior to the announcement of the Company's annual report or semi-annual report. If the announcement date of the annual or semi-annual report is postponed for special reasons, the period shall be calculated from 15 days before the originally scheduled announcement date to the day before the announcement.

② Within 5 days prior to the announcement of the Company's quarterly report, performance forecast, or performance brief.

③ From the date when a major event that may significantly affect the trading price of the Company's stock and its derivatives occurs or enters the decision-making process, until the date of legal disclosure.

④ Other periods stipulated by the China Securities Regulatory Commission and the Shenzhen Stock Exchange.

During the validity period of the Incentive Plan, if there are changes in the relevant provisions of the "Company Law," "Securities Law," and other relevant laws, regulations, normative documents, and the "Articles of Association" regarding the above periods, incentive recipients shall vest their restricted shares based on and in compliance with the modified provisions.