北京燕东微电子股份有限公司关于向2025年限制性股票激励计划激励对象首次授予限制性股票的公告

Core Viewpoint - Beijing Yandong Microelectronics Co., Ltd. has announced the first grant of restricted stock under its 2025 Restricted Stock Incentive Plan, with a total of 28.01 million shares to be granted to 294 eligible participants at a price of 13.62 yuan per share, effective from February 9, 2026 [2][3][12]. Summary by Sections Incentive Plan Details - The total number of restricted stocks granted is 28.01 million, accounting for 1.96% of the company's total share capital of 1,427,618,097 shares [2][12]. - The first category of restricted stocks consists of 350,000 shares, while the second category includes 27.66 million shares [2][12]. - The grant price for both categories of restricted stocks is set at 13.62 yuan per share [3][12]. Approval Process - The decision-making process for the incentive plan included multiple meetings of the board and committees, with the final approval occurring on February 9, 2026 [3][4][5][6]. - The company conducted a public notice period from December 30, 2025, to January 8, 2026, during which no objections were raised regarding the proposed participants [4][5]. Adjustments to the Plan - The number of participants was adjusted from 295 to 294 due to one participant's resignation, resulting in a reduction of the total shares granted from 28.09 million to 28.01 million [7][19]. - The adjustments were authorized by the company's first temporary shareholders' meeting in 2026 and did not require further shareholder approval [43][44]. Compliance and Legal Opinions - The plan has been confirmed to comply with relevant regulations, including the "Management Measures for Equity Incentives of Listed Companies" and the "Listing Rules" [25][26]. - Legal and financial advisors have provided opinions affirming that the plan's adjustments and grants are lawful and do not harm the interests of the company or its shareholders [25][26][48].