Core Viewpoint - The company is proposing a 2025 Restricted Stock Incentive Plan aimed at attracting and retaining talented core employees, aligning the interests of shareholders, the company, and the core team for long-term development [2][8][30] Summary by Sections Plan Overview - The plan will grant a total of up to 5.4227 million restricted shares, accounting for approximately 0.80% of the company's total share capital of 67,902.2202 million shares [2][12] - The initial grant will consist of 4.3382 million shares, representing 80% of the total restricted shares to be granted [2][12] Eligibility and Conditions - The plan targets 193 core employees, excluding independent directors and major shareholders [3][11] - The plan will not be implemented if the company is in violation of relevant laws or regulations [2][3] Grant and Vesting Details - The effective period of the plan is from the completion of the restricted stock grant registration until all shares are released from restrictions, lasting no more than 60 months [4][12] - The grant price for the restricted shares is set at 11.61 yuan per share [15][16] Performance Assessment - The plan includes performance targets for the release of restrictions, with specific revenue growth rates and profit targets set for each vesting period [19][20][21] - The first vesting period requires a revenue growth rate of at least 40% for 2025 compared to 2024, or a turnaround in net profit [19] Adjustment Mechanisms - The number of restricted shares and grant price will be adjusted in case of capital increases, stock dividends, or other corporate actions [22][23][24] - The company will repurchase unvested shares at the grant price if the vesting conditions are not met [27][28] Implementation Process - The plan requires approval from the shareholders' meeting after being reviewed by the board of directors and the compensation committee [30] - The company must publicly disclose the list of eligible employees for at least 10 days before the shareholders' meeting [30]

Core Viewpoint - The company is implementing a restricted stock incentive plan for 2025 to enhance its governance structure, improve employee motivation, and ensure steady performance growth, aligning with its strategic goals [1][5]. Group 1: Assessment Objectives and Principles - The assessment aims to improve the company's governance structure and create a balanced value distribution system to motivate employees and ensure performance growth [1]. - The evaluation must adhere to principles of fairness, transparency, and objectivity, focusing on performance metrics to maximize shareholder interests [1]. Group 2: Assessment Subjects and Institutions - The incentive plan applies to all designated recipients, including directors, senior management, and key technical and business personnel [1]. - The assessment will be led by the Board's Compensation and Assessment Committee, with a dedicated working group responsible for implementation and data collection [2]. Group 3: Assessment Indicators and Standards - The performance assessment for the incentive plan spans three fiscal years (2025-2027), with specific revenue and net profit growth targets set for each year [2]. - The targets for 2025 include a revenue growth rate of 16.83% and a net profit growth rate of 32.25%, with subsequent years showing increasing targets [2][3]. Group 4: Assessment Procedures and Results Management - The assessment will occur annually, with results reported to the Board for determining the allocation of restricted stocks [4]. - Recipients can appeal their assessment results within five working days, and the Board will review and adjust if necessary [4]. Group 5: Additional Provisions - The plan is subject to approval by the shareholders' meeting and will be implemented upon its effectiveness [5].

Group 1 - The company, Zhiyou Home Technology Co., Ltd., is undergoing a stock incentive plan that complies with relevant regulations [1][6]. - The stock incentive plan does not exceed 20% of the company's total share capital [2][3]. - The plan includes specific performance assessment indicators for the incentive recipients, ensuring alignment with company goals [4][6]. Group 2 - The company has confirmed that there are no negative opinions or inability to express opinions in the audit report [1][5]. - The incentive plan has been reviewed and approved by the board, ensuring that related parties did not participate in the voting process [6][8]. - The company has committed to full disclosure of the incentive plan details, including the rights and obligations of both the company and the incentive recipients [5][8].

Group 1 - The board's compensation and assessment committee of Hongyuan Green Energy Co., Ltd. has reviewed the 2025 restricted stock incentive plan and employee stock ownership plan, confirming compliance with relevant laws and regulations [1][2] - The incentive plan's design and review process align with the provisions of the Management Measures and other regulatory documents, ensuring the eligibility of the incentive objects [1][2] - The performance assessment system established in the incentive plan effectively aligns the interests of the incentive objects with the overall interests of the company, promoting long-term sustainable development [2][4] Group 2 - The employee stock ownership plan has also been reviewed and found to comply with relevant laws and regulations, ensuring no infringement on the interests of the company and its shareholders [2][4] - The management framework of the employee stock ownership plan is designed to balance individual and company interests, contributing to the enhancement of corporate governance and employee cohesion [4][5] - The board's compensation and assessment committee has agreed to submit both the restricted stock incentive plan and the employee stock ownership plan for shareholder approval [2][5]

Core Viewpoint - The board of directors of Kunshan Yaxiang Flavor Co., Ltd. has approved the first grant of the 2025 restricted stock incentive plan, ensuring compliance with relevant regulations and confirming the eligibility of the incentive recipients [1][2][3] Summary by Sections Public Disclosure and Verification - The company publicly disclosed the names and positions of the incentive recipients from August 27, 2025, to September 5, 2025, through its internal OA system, with no objections or negative feedback received during this period [1] Verification by the Compensation and Assessment Committee - The Compensation and Assessment Committee verified the list of incentive recipients, including their identification documents, employment contracts, and positions held within the company or its subsidiaries [2] - The committee confirmed that the recipients do not include foreign employees, shareholders holding more than 5% of the company, or immediate family members of the actual controller [2] Compliance with Regulations - The committee concluded that all recipients meet the qualifications set forth by the relevant laws, regulations, and normative documents, thus validating their eligibility for the incentive plan [3]

Core Viewpoint - The company has adjusted the grant price of its 2023 restricted stock incentive plan from 8.44 yuan per share to 8.14 yuan per share due to the implementation of the 2024 annual equity distribution [5][6][7]. Summary by Sections Adjustment of Grant Price - The adjustment of the grant price was approved during the 11th meeting of the third board of directors held on September 5, 2025 [1][2]. - The previous grant price was set at 8.44 yuan per share, which has now been adjusted to 8.14 yuan per share following the distribution of cash dividends [4][5]. Reasons for Adjustment - The adjustment was necessitated by the completion of the 2024 annual equity distribution, where the company distributed a cash dividend of 3.00 yuan per 10 shares, totaling 53,369,326.80 yuan (including tax) [5]. - The adjustment method follows the guidelines set forth in the company's incentive plan, which requires recalibration of the grant price in the event of dividend distributions [5]. Impact on the Company - The adjustment is in compliance with relevant laws and regulations and will not have a substantial impact on the company's financial status or operational results [6][7]. Opinions from Committees - The independent directors, compensation and assessment committee, and audit committee have all reviewed and agreed that the adjustment aligns with the company's incentive plan and regulatory requirements [6][7]. Legal Opinion - The legal counsel has confirmed that the adjustment has received the necessary authorizations and complies with applicable laws and regulations [7].

Core Points - The announcement details the achievement of vesting conditions for the first batch of the 2023 restricted stock incentive plan, including the number of eligible participants and shares to be vested [1][15][25] - The company has approved adjustments to the grant price of the restricted stock and the vesting conditions for both the first and second batches of the incentive plan [10][12][25] Summary by Sections Incentive Plan Overview - The total number of participants for the initial grant is 161, with 3 for the first batch of reserved grants and 6 for the second batch [1][10] - The total number of shares to be vested includes 1,009,740 shares for the initial grant and 72,000 shares for the first batch of reserved grants, with a vesting price of 8.14 yuan per share [1][15] Vesting Conditions - The vesting period for the initial grant is divided into three phases, with the second vesting period occurring 24 months after the grant date [2][3] - The vesting conditions require that the company does not have any negative audit opinions or fail to distribute profits as per regulations [4][19] Performance Targets - The performance assessment for the incentive plan spans three fiscal years (2023-2025), with specific net profit growth targets set for each year [6][20] - The targets include a net profit growth rate of 80% for 2023, 130% for 2024, and 215% for 2025, with corresponding trigger values [6][21] Individual Performance Assessment - Individual performance assessments will determine the actual number of shares vested, categorized into four levels (A, B, C, D) [7][22] - The actual vesting amount is calculated based on company performance and individual performance ratings [7][22] Approval Process - The company has followed the necessary approval procedures for the incentive plan, including independent opinions from the board and verification by the supervisory board [8][25] - Adjustments to the number of participants and shares due to resignations and performance results have been documented [10][12][25] Financial Impact - The vesting of shares will not significantly impact the company's financial structure or listing conditions, although it will affect earnings per share and return on equity [24][25] - The company will account for the stock options in accordance with relevant accounting standards, impacting costs and capital reserves [24]

Core Viewpoint - The company has successfully completed a share repurchase plan, acquiring a total of 1,439,317 shares, which represents 0.32% of its total share capital, with the repurchase aimed at employee stock ownership plans or equity incentives [1][3][5]. Summary by Sections Share Repurchase Plan - The share repurchase plan was first disclosed on November 15, 2024, with an implementation period from November 14, 2024, to November 13, 2025 [1]. - The expected repurchase amount is between 40 million yuan and 80 million yuan, with a maximum repurchase price of 47.00 yuan per share [1][2]. - The board approved the plan on November 14, 2024, allowing the use of self-owned funds and a special loan from a bank for the repurchase [1][2]. Implementation Status - The company began its share repurchase on November 26, 2024, using a centralized bidding method [2][3]. - As of the announcement date, the total repurchased shares amounted to 1,439,317, with a total expenditure of approximately 40.29 million yuan [3][5]. - The highest repurchase price was 34.78 yuan per share, while the lowest was 22.66 yuan per share [3]. Shareholder Transactions - From January 20, 2025, to April 19, 2025, the actual controller of the company, Chen Wenyuan, increased his holdings by 887,093 shares, totaling approximately 26.51 million yuan [3][4]. Share Changes - Before the repurchase, the total number of shares was 442,828,931, which increased to 445,377,843 after the repurchase [4][5]. - The repurchased shares will be used for employee stock ownership plans or equity incentives and will not enjoy rights such as profit distribution or voting rights until utilized [5][6]. Future Plans for Repurchased Shares - The repurchased shares are to be used within three years from the announcement date; otherwise, the board will proceed with capital reduction procedures [5][6].

Group 1 - The company has confirmed that it meets the qualifications to implement the 2025 restricted stock and stock option incentive plan, as there are no disqualifying conditions outlined in relevant laws and regulations [1][2] - The incentive plan's designated recipients do not fall under any disqualifying conditions specified in the regulations, ensuring their eligibility [2] - The company will publicly disclose the names and positions of the incentive plan recipients for at least 10 days before the shareholders' meeting [3] Group 2 - The formulation and review process of the 2025 incentive plan comply with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [3] - There are no plans to provide loans, guarantees, or any financial assistance to the incentive recipients [4] - The implementation of the incentive plan is expected to enhance the company's incentive mechanism, attract and retain talent, and align the interests of shareholders, the company, and employees for long-term development [4]

Core Viewpoint - The company has conducted a review of its 2025 restricted stock and stock option incentive plan, confirming its eligibility to implement the plan in accordance with relevant laws and regulations [2][3][4]. Group 1: Eligibility for Implementation - The company does not fall under any disqualifying conditions for implementing the stock incentive plan as outlined in the relevant regulations [2]. - The company has not received any negative or unqualified audit opinions on its financial reports for the last fiscal year [2]. - There have been no instances of improper profit distribution in the last 36 months [2]. Group 2: Qualification of Incentive Objects - The identified incentive objects do not include independent directors, supervisors, foreign employees, or shareholders holding more than 5% of the company's shares [3]. - All selected incentive objects meet the qualifications set forth in the Company Law and other relevant regulations [3]. - The company will publicly disclose the names and positions of the incentive objects for at least 10 days prior to the shareholders' meeting [3]. Group 3: Compliance and Benefits of the Plan - The drafting and review process of the incentive plan complies with all relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [4]. - The plan does not involve any financial assistance or guarantees to the incentive objects [4]. - The implementation of the incentive plan aims to establish a long-term incentive mechanism, attract and retain talent, and align the interests of shareholders, the company, and employees [4].