万兴科技集团股份有限公司关于2025年第二期员工持股计划进展暨非交易过户完成的公告

Core Viewpoint - The announcement details the progress of the 2025 second employee stock ownership plan of Wanjing Technology Group Co., Ltd., including stock repurchase activities and the establishment of a dedicated securities account for the plan [1][4]. Group 1: Stock Repurchase Plans - The first stock repurchase plan was approved on August 15, 2024, with a total fund allocation between RMB 20 million and RMB 40 million, resulting in the repurchase of 625,100 shares, approximately 0.32% of the total share capital, at prices ranging from RMB 37.99 to RMB 42.72 per share, totaling RMB 25,001,540.67 [2]. - The second stock repurchase plan was approved on April 25, 2025, with a total fund allocation between RMB 25 million and RMB 50 million, leading to the repurchase of 254,000 shares, approximately 0.13% of the total share capital, at prices between RMB 57.61 and RMB 58.99 per share, totaling RMB 14,905,839.50 [3]. Group 2: Employee Stock Ownership Plan Details - The employee stock ownership plan has a total fundraising limit of RMB 27.89 million, with actual subscriptions amounting to RMB 18.82 million, which is below the approved limit [5]. - The plan allows for the non-trading transfer of up to 452,613 shares, representing 0.23% of the total share capital, with 305,500 shares successfully transferred to the dedicated securities account as of August 6, 2025 [6][7]. Group 3: Governance and Independence - The employee stock ownership plan operates independently, with a management committee elected by the holders, and no participation from company directors or senior management in the committee [8]. - There are no agreements or arrangements for concerted actions among participants in the employee stock ownership plan, ensuring independence from the controlling shareholders and management [8]. Group 4: Ongoing Monitoring - The company will continue to monitor the implementation of the employee stock ownership plan and fulfill its information disclosure obligations as required [9].