Securities Code: 301281
Securities Abbreviation: Keyuan Pharmaceutical
Announcement Number: 2026-047
Shandong Keyuan Pharmaceutical Co., Ltd. announces the granting of reserved restricted stocks to incentive objects. The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Important Content Reminder:
- Reserved Restricted Stock Grant Date: June 1, 2026
- Number of Reserved Restricted Stocks Granted: 600,000 shares
- Number of Recipients: 7 persons
- Grant Price of Reserved Restricted Stocks: 14.71 CNY/share
- Equity Incentive Method: Second Category Restricted Stocks
The conditions for granting the reserved restricted stocks as stipulated in the "Shandong Keyuan Pharmaceutical Co., Ltd. 2025 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as the "Incentive Plan" or "this Incentive Plan") have been fulfilled. According to the authorization from the first extraordinary general meeting of shareholders in 2026, the company held the 23rd meeting of the fourth board of directors on May 29, 2026, and approved the proposal on granting reserved restricted stocks to incentive objects, determining the grant date as June 1, 2026, with a total of 600,000 restricted stocks granted at a price of 14.71 CNY/share. The relevant matters are explained as follows:
I. Brief Description of the Incentive Plan
(1) Incentive Tool: Second Category Restricted Stocks
(2) Source of Target Stocks
The target stocks involved in this incentive plan are A-share common stocks issued by the company to the incentive objects.
(3) Grant Price
The grant price for the restricted stocks in this incentive plan is 14.71 CNY per share.
(4) Recipients and Allocation
The allocation of restricted stocks granted under this incentive plan among the incentive objects is as follows:
| No. | Name | Nationality | Position | Number of Restricted Stocks Granted (10,000 shares) | Percentage of Total Granted Restricted Stocks | Percentage of Current Total Share Capital |
|---|---|---|---|---|---|---|
| 1 | Li Hongfu | China | Chairman | 40.00 | 13.33% | 0.37% |
| 2 | Gao Chunpo | China | General Manager | 20.00 | 6.67% | 0.18% |
| 3 | Qin Kun | China | Deputy General Manager, Secretary of the Board | 40.00 | 13.33% | 0.37% |
| Other Core Employees (32 persons) | 140.00 | 46.67% | 1.29% | |||
| Reserved Portion | 60.00 | 20.00% | 0.55% | |||
| Total | 300.00 | 100.00% | 2.77% |
Note:
- None of the above incentive objects have been granted shares exceeding 1% of the company's total share capital through all effective equity incentive plans. The total number of target stocks involved in all effective equity incentive plans does not exceed 20% of the company's total share capital at the time of submission for shareholder meeting review.
- Any discrepancies in totals and subtotals in the table are due to rounding.