Core Viewpoint - Jiangsu Tiannai Technology Co., Ltd. has announced the cancellation of 30,592 shares of unvested restricted stock as part of its 2022 Restricted Stock Incentive Plan, which will not materially affect the company's financial status or operational results [1][9]. Summary by Sections Company Stock Incentive Plan - The company held its second board meeting on June 24, 2022, where it approved the 2022 Restricted Stock Incentive Plan and related management measures [2]. - The company’s supervisory board also approved the plan and the list of initial grant recipients [3]. - The plan was publicly disclosed on June 25, 2022, and no objections were raised during the internal announcement period [4]. Adjustments and Approvals - On July 15, 2022, the company’s first extraordinary general meeting approved the incentive plan, granting the board authority to determine the grant date and manage related matters [5]. - The board and supervisory board meetings on July 16, 2022, confirmed the first grant of restricted stock to the incentive recipients [6]. - On July 13, 2023, the board approved adjustments to the grant price and the total number of unvested restricted stocks [7]. Cancellation of Restricted Stocks - The board meeting on August 29, 2023, approved the cancellation of certain restricted stocks that did not meet vesting conditions [8]. - The total number of restricted stocks canceled amounts to 30,592 shares due to various reasons, including non-vesting conditions [9]. Impact and Legal Opinions - The cancellation of restricted stocks is not expected to impact the company's financial condition or management stability [9]. - The board's compensation and assessment committee confirmed that the cancellation complies with relevant laws and regulations [10].

Core Viewpoint - The legal opinion letter from Beijing Zhonglun Law Firm addresses the adjustments to the grant price, the achievement of the vesting conditions for the third vesting period of the 2022 Restricted Stock Incentive Plan, and the cancellation of certain unvested restricted stocks for Jiangsu Tiannai Technology Co., Ltd. [1][23] Summary by Sections Grant Price Adjustment - The grant price for the restricted stocks under the 2022 incentive plan has been adjusted from 23.24 CNY per share to approximately 23.09 CNY per share due to a cash dividend distribution plan approved at the 2024 annual general meeting [13][15]. - The adjustment method follows the formula: P = P0 - V, where P0 is the original grant price and V is the cash dividend per share [15]. Vesting Conditions Achievement - The third vesting period for the first grant of restricted stocks is set from August 4, 2025, to July 31, 2026 [16]. - The vesting conditions include the absence of negative audit opinions and the fulfillment of performance targets related to revenue growth and sales from overseas brand customers [19][23]. - The company achieved a revenue of approximately 1.45 billion CNY for 2024, reflecting a 9.71% increase compared to 2021, and a significant increase of 829.07% in sales from overseas brand customers [19]. Cancellation of Restricted Stocks - A total of 30,592 shares of restricted stocks that were granted but not vested will be canceled according to the provisions of the 2022 incentive plan [23]. - The cancellation is in compliance with the relevant regulations and the company's internal policies [23].

Core Viewpoint - The report discusses the approval and conditions for the third vesting period of the 2022 restricted stock incentive plan for Jiangsu Tiannai Technology Co., Ltd, indicating that the vesting conditions have been met for 59 incentive recipients, allowing for the allocation of 100,240 shares [10][16]. Summary by Sections Section 1: Incentive Plan Overview - The 2022 restricted stock incentive plan aims to motivate core technical and management personnel through stock grants, with specific vesting conditions outlined [1][3]. Section 2: Approval Process - The necessary approval procedures for the incentive plan have been completed, including resolutions from the board and independent directors, confirming the legitimacy of the plan [4][5]. Section 3: Vesting Conditions - The vesting conditions for the third period include company performance metrics such as revenue growth targets, with specific goals set for 2024 [13][15]. Section 4: Performance Metrics - The performance targets include a 110% increase in revenue compared to 2021, a 60% increase in overseas brand customer sales, and a 60% increase in third-generation product sales [13][15]. Section 5: Allocation Details - A total of 100,240 shares are eligible for vesting, representing 39.84% of the total restricted stock granted to the 59 recipients [16]. Section 6: Conclusion - The independent financial advisor confirms that the vesting conditions have been met and that the plan complies with relevant laws and regulations [16].

Group 1 - The core viewpoint of the article is that Tianai Technology (688116.SH) has established a wholly-owned subsidiary, Changzhou Tianai Robotics, with an investment of 5 million RMB to enhance its competitive edge and align with its long-term strategic development plan [1] - The company has been focused on the research, production, and sales of carbon nanotubes and their composite materials since its inception [1] - The primary application of the company's carbon nanotube products is in the lithium battery sector [1] Group 2 - The investment in the subsidiary aims to expand the application of carbon nanotubes in the robotics field, particularly in material research for enhanced composite materials, electromagnetic shielding materials, antistatic materials, artificial muscles, and flexible sensors [1] - This strategic move is expected to have a positive impact on the company's operations and long-term development [1]

Group 1 - TianNai Technology announced the establishment of a wholly-owned subsidiary, Changzhou TianNai Robotics, with an investment of 5 million RMB, aimed at enhancing the company's overall competitiveness and aligning with its long-term strategic development plan [1] - The revenue composition for TianNai Technology in 2024 is as follows: 67.38% from new energy vehicle power lithium batteries, 20.23% from energy storage lithium batteries, 11.56% from 3C electronic lithium batteries, 0.8% from non-lithium batteries, and 0.03% from other businesses [1] - The current market capitalization of TianNai Technology is 18.8 billion RMB [2]

Group 1 - The company reported a revenue of 653.60 million yuan for the first half of the year, representing a year-on-year increase of 1.08% [1] - The net profit attributable to shareholders of the listed company was 116.75 million yuan, showing a year-on-year increase of 1.07% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 103.68 million yuan, which reflects a year-on-year decrease of 6.93% [1]

Core Viewpoint - Tianai Technology announced a revenue of 654 million yuan for the first half of 2025, representing a year-on-year growth of 1.08%. The net profit reached 117 million yuan, with a year-on-year increase of 1.07% [1] Financial Performance - Revenue for the first half of 2025 was 654 million yuan, showing a growth of 1.08% compared to the previous year [1] - Net profit for the same period was 117 million yuan, reflecting a year-on-year increase of 1.07% [1]

Core Viewpoint - Tianai Technology (688116.SH) has announced the establishment of a wholly-owned subsidiary, Changzhou Tianai Robotics, with an investment of 5 million RMB, aimed at enhancing the company's overall competitiveness and aligning with its long-term strategic development plan [1] Group 1: Investment and Strategic Development - The investment of 5 million RMB will be used to set up a wholly-owned subsidiary in Changzhou, Jiangsu Province [1] - This investment is expected to improve the company's comprehensive competitiveness and has positive strategic significance for its operations [1] Group 2: Product Focus and Market Expansion - Tianai Technology has been dedicated to the research, production, and sales of carbon nanotubes and their composite materials since its establishment [1] - The company's carbon nanotube products are primarily applied in the lithium battery sector [1] - The establishment of the subsidiary aims to expand the application of carbon nanotubes in the robotics field, focusing on material research and market development in areas such as enhanced composite materials, electromagnetic shielding materials, antistatic materials, artificial muscles, and flexible sensors [1]

| 证券代码：688116 | 证券简称：天奈科技 | 公告编号：2025-069 | | --- | --- | --- | | 转债代码：118005 | 债券简称：天奈转债 | | 江苏天奈科技股份有限公司 第三届董事会第二十四次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律 责任。 一、董事会会议召开情况 江苏天奈科技股份有限公司（以下简称"公司"）第三届董事会第二十四次 会议于 2025 年 8 月 19 日发出通知，于 2025 年 8 月 29 日在公司会议室以现场及 通讯方式召开。本次会议应参与表决董事 9 人，实际参与表决董事 9 人，公司高 级管理人员列席了会议。本次会议的召集、召开和表决程序符合《中华人民共和 国公司法》（以下简称"《公司法》"）等法律法规、规范性文件和《江苏天奈 科技股份有限公司章程》（以下简称"《公司章程》"）《江苏天奈科技股份有限 公司董事会议事规则》的有关规定。 二、董事会会议审议情况 经与会董事表决，审议通过以下议案： 1、审议通过《关于公司 2025 年半年度报告及 ...

一、《2022 年激励计划》的基本情况 1、2022 年 6 月 24 日，公司召开第二届董事会第十八次会议，会议审议通过了《关 于公司<2022 年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2022 年 限制性股票激励计划实施考核管理办法>的议案》《关于提请公司股东大会授权董事 会办理 2022 年限制性股票激励计划相关事宜的议案》。公司独立董事就本激励计划 相关议案发表了独立意见。 2、2022 年 6 月 24 日，公司召开第二届监事会第十五次会议，审议通过了《关于 公司<2022 年限制性股票激励计划（草案）>及其摘要的议案》《关于公司<2022 年 限制性股票激励计划实施考核管理办法>的议案》《关于核实公司<2022 年限制性股 票激励计划首次授予激励对象名单>的议案》。公司监事会对本激励计划发表了核查 意见。 3、2022 年 6 月 25 日，公司于上海证券交易所网站（www.sse.com.cn）披露了《江 苏天奈科技股份有限公司关于独立董事公开征集委托投票权的公告》（公告编号： 2022-044），根据公司其他独立董事的委托，独立董事于润先生作为征集人就 2022 年第一次临时 ...