Core Viewpoint - The announcement details the results of the stock option exercise for the third exercise period of the 2021 stock option and restricted stock incentive plan of Qingdao Hairong Commercial Cold Chain Co., Ltd, indicating no shares were exercised during the specified period [2][12]. Group 1: Stock Option Exercise Details - The number of stock options available for exercise in the third period is 64,175, with an exercise window from December 20, 2024, to December 19, 2025 [2][12]. - No shares were exercised or transferred as of December 31, 2025, representing 0.00% of the total options available for this period [2][12]. - The stocks obtained through the exercise will be listed for trading on the second trading day after the exercise date [2][14]. Group 2: Decision-Making Process and Disclosure - The decision-making process for the stock option plan was approved by the board and supervisory board in meetings held on April 22, 2021, with independent directors providing their consent [3][5]. - The company conducted an internal announcement of the incentive recipients from April 26 to May 10, 2021, with no objections received [4]. - The annual shareholders' meeting on May 24, 2021, approved the incentive plan and related matters [4][5]. Group 3: Historical Context and Adjustments - The company has made several adjustments to the incentive plan since its inception, including the approval of stock option grants and the cancellation of certain options in subsequent board meetings [6][8][10]. - As of October 26, 2023, the board approved the conditions for the second exercise period and the lifting of restrictions on the corresponding restricted stocks [8][10]. - The company has consistently fulfilled its disclosure obligations regarding the incentive plan adjustments and stock option exercises [11].

Group 1 - The core point of the news is that Qingdao Hairong Commercial Cold Chain Co., Ltd. has seen a stock price increase of 1.1%, reaching 15.67 yuan per share, with a total market capitalization of 6.055 billion yuan as of December 31 [1] - The company specializes in the research, production, sales, and service of commercial cold chain equipment, with 95.22% of its revenue coming from commercial display cabinets [1] - The trading volume for the stock was 40.22 million yuan, with a turnover rate of 0.68% [1] Group 2 - According to data from the top ten holdings of funds, Huaxia Fund has a significant position in Hairong Cold Chain, with the Huaxia Stable Fortune Mixed A Fund holding 25,000 shares, unchanged from the previous period, representing 0.15% of the fund's net value [2] - The Huaxia Stable Fortune Mixed A Fund has a total scale of 153 million yuan and has achieved a return of 2.32% this year, ranking 7404 out of 8085 in its category [2] - The fund managers, Sun Lei and Wu Fan, have had varying performance, with Sun Lei achieving a best return of 21.2% during his tenure, while Wu Fan's best return is 11.26% [2]

Core Viewpoint - The announcement details the progress of the 2025 Restricted Stock Incentive Plan of Qingdao Hairong Commercial Cold Chain Co., Ltd, including the granting of restricted stocks to eligible participants and the financial implications of this action [2][3]. Group 1: Incentive Plan Details - The company has approved the granting of 4,054,216 restricted stocks to 149 eligible participants at a price of 7.37 yuan per share, with the grant date set for October 9, 2025 [2]. - The total amount received from the participants for the subscription of the restricted stocks is 29,879,571.92 yuan, as confirmed by the auditing firm [3]. Group 2: Stock Structure Changes - The restricted stocks will change from unrestricted circulating shares to restricted circulating shares, sourced from the company's repurchased A-shares in the secondary market [3]. - The company will handle the subsequent registration of the restricted stocks with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, and will fulfill its information disclosure obligations [4].