Group 1 - The company announced that it will issue A-shares to specific investors through a simplified procedure, which was approved in the board and supervisory meetings held on August 28, 2025 [1] - The company guarantees that there will be no financial assistance or compensation provided to investors participating in the subscription, either directly or through related parties [1] - The company confirms that it will not make any commitments regarding guaranteed returns or disguised guarantees to the investors involved in the subscription [1]

Summary of Key Points Core Viewpoint - The company has announced a share repurchase plan with a total expected amount of 20 million to 30 million RMB, aimed at employee stock ownership plans or equity incentive programs, with a maximum repurchase price of 15.00 RMB per share [1][2]. Group 1: Repurchase Plan Details - The repurchase plan was first disclosed on April 10, 2025, and is set to be implemented from April 10, 2025, to July 9, 2025 [1]. - The actual number of shares repurchased is 2,262,800, which accounts for 0.46% of the total share capital [2]. - The total amount spent on the repurchase is 21,298,501 RMB, with a price range of 8.80 RMB to 11.64 RMB per share and an average price of 9.41 RMB per share [2]. Group 2: Implementation Status - The company completed the share repurchase on July 9, 2025, and the execution of the repurchase plan aligns with the previously disclosed details [2]. - The repurchase will not adversely affect the company's normal operations, financial status, or future development [2]. Group 3: Share Changes - Before the repurchase, the total number of shares was 487,719,281, and after the repurchase, it decreased to 487,673,635 [3][4]. - The repurchase included adjustments due to stock conversions and the cancellation of shares that did not meet the conditions for unlocking under the incentive plans [4]. Group 4: Future Plans for Repurchased Shares - The repurchased shares will be held in a dedicated repurchase account and are intended for employee stock ownership or equity incentive plans, with a commitment to complete the allocation within 36 months [4].

Core Points - The company has announced the third unlocking of restricted stock under its 2021 stock incentive plan, with 502,500 shares set to be listed for trading on May 16, 2025 [1][13][15] - The stock incentive plan was approved by the board and relevant committees, ensuring compliance with legal and regulatory requirements [14][15] Summary by Sections Stock Incentive Plan Implementation - The stock incentive plan was approved during the first extraordinary general meeting in 2021, allowing the board to determine the grant date and manage related matters [2][3] - The plan involved granting restricted stock to 137 eligible participants at a price of 4.86 CNY per share [3][6] Unlocking Conditions and Achievements - The third unlocking period has been achieved as the performance targets set in the incentive plan were met, allowing 125 eligible participants to unlock 502,500 shares [6][7][10] - The unlocking conditions included company performance metrics, with 2023 revenue reported at 3.146 billion CNY, reflecting a growth rate of over 40% compared to 2020 [9][10] Stock Listing and Share Structure Changes - The shares unlocked will be available for trading starting May 16, 2025, impacting the company's share structure [13] - The total number of unrestricted shares will increase to 484,344,106, while restricted shares will decrease to 3,327,675 following this unlocking [13] Compliance and Verification - The remuneration and assessment committee confirmed that the unlocking conditions were satisfied and that the eligible participants' performance evaluations were valid [14][15] - The supervisory board also verified the eligibility of participants and compliance with the incentive plan's regulations [15]

Summary of Key Points Core Viewpoint - The announcement provides an update on the convertible bond "永 02 转债" issued by Hangzhou Yongchuang Intelligent Equipment Co., Ltd., detailing the conversion status and the overall issuance of the bonds. Convertible Bond Issuance Overview - The company issued 6,105,470 convertible bonds with a total value of 610.547 million yuan, each with a face value of 100 yuan, approved by the China Securities Regulatory Commission [1][2]. - The bonds were listed for trading on September 1, 2022, and have a maturity period of six years [2]. Conversion Status - As of March 31, 2025, a total of 111,000 yuan worth of bonds have been converted, representing 0.0017% of the total shares issued by the company [1]. - The amount of unconverted "永 02 转债" as of the same date is 610,436,000 yuan, which accounts for 99.9818% of the total issuance [1]. - During the conversion period from January 1, 2025, to March 31, 2025, 9,000 yuan worth of bonds were converted, resulting in 927 new shares, which is 0.0002% of the total shares before conversion [2][3]. Share Capital Changes - The total share capital before the conversion was 487,718,354 shares, which increased to 487,719,281 shares after the conversion [3]. Additional Information - Investors seeking more details on the terms of "永 02 转债" can refer to the company's prospectus published on August 2, 2022 [3].