The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Important Content Reminder:
- Number of incentive recipients meeting vesting conditions: 64
- Number of shares to be vested for the second category of restricted stock: 306,200 shares
- Grant price for the second category of restricted stock: 15.73 yuan/share
- Source of vested shares: Common A shares repurchased by Liaoning Xinde New Material Technology (Group) Co., Ltd. (hereinafter referred to as "the company" or "this company") from the secondary market.
- After the relevant procedures are completed, the company will issue a related announcement before the shares are listed and circulated, and investors are advised to pay attention.
On March 27, 2026, the company held the 18th meeting of the second board of directors, which reviewed and approved the proposal regarding the achievement of vesting conditions for the first vesting period of the initial grant of the 2024 Restricted Stock Incentive Plan. According to the relevant provisions of the company's "2024 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as "the Incentive Plan" or "this Incentive Plan") and the authorization from the company's first extraordinary general meeting of shareholders in 2025, the board agreed to handle the vesting of 306,200 shares of the second category of restricted stock for the 64 qualified incentive recipients as stipulated.
I. Brief Description of the Incentive Plan The company held its first extraordinary general meeting of shareholders in 2025 on January 20, 2025, which reviewed and approved the "Liaoning Xinde New Material Technology (Group) Co., Ltd. 2024 Restricted Stock Incentive Plan (Draft)" (hereinafter referred to as "the Incentive Plan (Draft)"), with the main contents as follows:
- Incentive tool: Restricted stock (second category of restricted stock).
- Source of underlying stock: Common A shares repurchased by the company from the secondary market.
- Grant price: 15.73 yuan/share.
- Incentive recipients and distribution: A total of 76 individuals are proposed to be granted under this incentive plan, including directors, senior management, core technical personnel, and key technical (business) backbones (excluding independent directors and supervisors). The specific distribution is shown in the table below:
| No. | Name | Nationality | Position | Number of Restricted Shares Granted (10,000 shares) | Proportion of Total Granted Shares | Proportion of Total Company Capital on Announcement Date |
|---|---|---|---|---|---|---|
| 1 | Wang Wei | China | Director, Deputy General Manager | 30.00 | 2.83% | 0.03% |
| 2 | Wang Xiaoli | China | Deputy General Manager | 33.00 | 3.11% | 0.03% |
| 3 | Li Ting | China | CFO, Board Secretary | 120.00 | 11.32% | 0.12% |
| 4 | Liu Guoku | China | Core Technical Personnel | 30.00 | 2.83% | 0.03% |
| 5 | Cong Guoqiang | China | Core Technical Personnel | 30.00 | 2.83% | 0.03% |
| Technical (Business) Backbone (71 people) | 605.00 | 57.08% | 0.59% | |||
| Total | 848.00 | 80.00% | 0.83% | |||
| Reserved Portion | 212.00 | 20.00% | 0.21% | |||
| Grand Total | 1060.00 | 100.0% | 1.04% |