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Tongda Chuangzhi (Xiamen) Co., Ltd. 2025 Annual Report Summary
Log in to the Sina Finance app and search 【information disclosure】 for more evaluation tiers
Security Code: 001368 Stock Short Name: Tongda Chuangzhi Announcement No.: 2026-004
I. Important Notice
The summary of this annual report is drawn from the full annual report. To fully understand our company’s operating results, financial condition, and future development plans, investors should read the full annual report carefully in the media designated by the CSRC.
All directors have attended the board of directors meeting that considered and reviewed this report.
Non-standard audit opinion notice
□ Applicable √ Not applicable
Profit distribution proposal for the reporting period considered and approved by the board of directors, or proposal for capitalization of capital reserve into share capital
√ Applicable □ Not applicable
Whether to capitalize capital reserve into share capital
□ Yes √ No
The profit distribution proposal approved by the board of directors is as follows: based on 113,836,944 as the base, distribute cash dividends of RMB 1.50 per 10 shares to all shareholders (including tax), with zero bonus shares distributed (including tax), and no capitalization of capital reserve into share capital.
Profit distribution proposal for preferred shares for the reporting period approved by the board of directors
□ Applicable √ Not applicable
II. Basic Information About the Company
■
The company is a national high-tech enterprise engaged in the research, development, production, and sales of consumer products in industries such as sports and outdoor, home living, and health care. Its main products include sports goods, outdoor leisure products, household electric tools, indoor home products, personal care products, and more. The company adheres to a “multi-dimensional with one heart” strategy. Centered on product design, precision mold design and development, multi-process and multi-technology integration, and smart manufacturing, with JDM and ODM as its main business models, the company provides customers with “one-stop service.” The company has established long-term and stable strategic partnerships with global leading multinational enterprises such as Decathlon, IKEA, Wagner, YETI, etc., providing customers with high-quality, low-cost products, as well as services with fast response and global delivery. The company is a key supplier to Decathlon and YETI, a preferred cooperation partner for Wagner, and a preferred supplier for IKEA, and in 2023 it received Decathlon’s “Best Elastic Supply Chain Management Award.”
The company holds certifications such as the ISO9001:2015 quality management system, SA8000:2014 social responsibility management system, ISO50001:2018 energy management system, ISO14001:2015 environmental management system, ISO45001:2018 occupational health and safety management system, and the C-TPAT anti-terrorism system, among others; Chuangzhi Shishi holds certifications including a customs AEO advanced certification enterprise certificate, ISO9001:2015 quality management system, ISO50001:2018 energy management system, ISO14001:2015 environmental management system, ISO45001:2018 occupational health and safety management system, ISO14064-1:2018 greenhouse gas verification management system, and ISO14067:2018 carbon footprint management system certification, as well as a 2025 provincial-level green factory; Chuangzhi Health holds certifications including ISO13485:2016 medical device quality management system, ISO9001:2015 quality management system, GB/T37988-2019 data security capability maturity management system, and BSCI social responsibility certification; Chuangzhi Malaysia holds certifications including ISO9001:2015 quality management system, SMETA social responsibility management system, ISO14001:2015 environmental management system, the C-TPAT anti-terrorism system, etc.
The company’s experimental center has obtained CNAS accreditation qualification certificates awarded by the China National Accreditation Service for Conformity Assessment (abbreviated as “CNAS”). The experimental center’s management and technical capabilities have been recognized by the state and internationally. The company actively aligns its products with international quality standards and has formed a rich library of standard inspection documents. During production, it strictly controls production processes and manufacturing flows in accordance with the requirements of its quality certification system. Currently, the company’s products have obtained relevant authoritative certifications in dozens of countries and regions worldwide, including China, the European Union, Germany, France, the UK, Belgium, Denmark, Norway, Sweden, Switzerland, Poland, North America, the United States, Canada, Australia, Mexico, Egypt, the Middle East, the UAE, Saudi Arabia, Japan, South Korea, Russia, India, Thailand, Malaysia, Singapore, etc., providing substantial resource guarantees for the company’s global business expansion.
The company actively builds a “product design + smart manufacturing” system, continuously promotes the integrated development of the “plastic + hardware” dual-process pathway, implements refined production management, and drives the company’s transformation and upgrading. The company’s smart manufacturing capabilities and the fields covered by its products are also continuously improving and expanding. Meanwhile, the company further optimizes key manufacturing and production indicators such as efficiency improvement, cost savings, and quality control, which continuously strengthens the cooperation stickiness with core customers. The company will continue to deepen cooperation with existing customers, actively develop new global leading brand customers across each sub-segment industry, and also actively promote the layout of international production bases. In the foreseeable future, the company’s business will benefit from multiple favorable factors such as consumption upgrading and the advancement of intelligent manufacturing in China, bringing opportunities for sustained and rapid development, and the company’s market position and influence will also be further enhanced.
(1) Main accounting data and financial indicators for the past three years
Does the company need to retrospectively adjust or restate accounting data from prior years?
□ Yes √ No
Unit: RMB
■
(2) Accounting data by quarter
Unit: RMB
■
Whether the above financial indicators or the sum of them has any material differences from the financial indicators related to the quarterly report(s) and semi-annual report(s) already disclosed by the company
□ Yes √ No
(1) Number of ordinary shareholders and number of preferred shareholders with voting rights restored, and table of shareholding of the top 10 shareholders
Unit: Shares
■
Shareholding of shareholders with more than 5%, shareholding by the top 10 shareholders, and share lending participation by the top 10 non-restricted tradable shareholders under the securities lending and repurchase (securities borrowing and lending) business
□ Applicable √ Not applicable
Changes in the top 10 shareholders and the top 10 non-restricted tradable shareholders due to securities lending/return reasons under the securities lending and repurchase (securities borrowing and lending) business compared with the previous period
□ Applicable √ Not applicable
(2) Table of total number of company preferred shareholders and shareholding by the top 10 preferred shareholders
□ Applicable √ Not applicable
The company’s report period had no preferred shareholders.
(3) Disclosure of ownership and control relationships between the company and its actual controller in the form of a block diagram
■
□ Applicable √ Not applicable
III. Important Matters
During the reporting period, the company’s operating conditions did not experience any material changes, and no matters occurred that would have had a major impact on the company’s operations or are expected to have a major impact in the future.
Security Code: 001368 Stock Short Name: Tongda Chuangzhi Announcement No.: 2026-003
Tongda Chuangzhi (Xiamen) Co., Ltd.
Announcement of Resolutions of the 22nd Meeting of the Second Session of the Board of Directors
The Company and all members of the board of directors warrant that the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or material omissions.
I. Convocation of the Board of Directors Meeting
Tongda Chuangzhi (Xiamen) Co., Ltd. (hereinafter referred to as the “Company”) convened the 22nd meeting of the second session of its board of directors on March 26, 2026 by combining an on-site meeting with voting by correspondence. The meeting was convened by the chairman of the board. The notice of the meeting was delivered on March 15, 2026 by written documents and email.
There were 5 directors who were required to attend the meeting, and 5 directors actually attended the meeting (including 0 director(s) attending by proxy; 1 director attended by correspondence). There were 0 directors absent from the meeting. The meeting was chaired by Mr. Wang Yahua. The general manager, secretary to the board of directors, and the chief financial officer attended the meeting.
The convening of this meeting complies with the relevant provisions of the Company Law of the People’s Republic of China, the Articles of Association of Tongda Chuangzhi (Xiamen) Co., Ltd., and the Rules of Procedure for Meetings of the Board of Directors of Tongda Chuangzhi (Xiamen) Co., Ltd.; the resolutions made at the meeting are lawful and effective.
II. Consideration of Matters at the Board of Directors Meeting
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
Independent directors, Shen Zhe and Lin Dongyun, respectively submitted to the board the 《Independent Director 2025 Annual Work Report》. Independent directors will report their work at the company’s 2025 annual general meeting of shareholders.
The《2025 Annual Work Report of the Board of Directors》and the《Independent Director 2025 Annual Work Report》were issued on the same day as this resolution on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved by the board’s strategic committee; this proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《Special Opinion of the Board of Directors on the Self-Check of the Independence of Independent Directors》was issued on the same day as this resolution on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
For 2025, under the leadership of the board of directors, the company’s management team adhered to the multi-dimensional with one heart strategy, with product design, precision mold design and development, multi-process and multi-technology integration, and smart manufacturing as the core. It has continuously and actively built the “product design + smart manufacturing” system, implemented refined production management, and promoted the company’s transformation and upgrading. The company’s smart manufacturing capabilities and the range of product coverage have also been continuously improving and expanding. At the same time, the company further optimizes key production and manufacturing indicators such as efficiency improvement, cost savings, and quality control, and all aspects of the company’s production and business operations are steadily carried out.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《2025 Annual Report of Tongda Chuangzhi (Xiamen) Co., Ltd.》and the《2025 Annual Report Summary of Tongda Chuangzhi (Xiamen) Co., Ltd.》were issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( … … ). The《2025 Annual Report Summary of Tongda Chuangzhi (Xiamen) Co., Ltd.》was simultaneously published in the newspapers designated by the CSRC for information disclosure, namely 《Securities Times》and 《Shanghai Securities News》.
This proposal has been reviewed and approved by the board’s audit committee; this proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
For fiscal year 2025, the company achieved operating revenue of RMB 1,056.0018 million, representing an increase of 8.71% year-on-year; net profit attributable to shareholders of listed companies was RMB 98.2444 million, representing a decrease of 4.63% year-on-year; after deducting non-recurring profit and loss, net profit attributable to shareholders of listed companies was RMB 88.6203 million, representing a decrease of 4.66% year-on-year. As of December 31, 2025, the company’s total assets were RMB 1,735.5701 million, representing an increase of 0.61% year-on-year; total owner’s equity attributable to shareholders of listed companies was RMB 1,384.3030 million, representing an increase of 1.76% year-on-year.
During the reporting period, the company actively created profit returns for shareholders and implemented two cash dividends: On April 21, 2025, the company implemented the 2024 profit distribution of RMB 1.5 per 10 shares (including tax), with a total dividend amount of RMB 17,126,190 (including tax); on November 24, 2025, the company implemented the 2025 interim profit distribution of RMB 6 per 10 shares (including tax), with a total interim dividend amount of RMB 68,302,166.40 (including tax).
In 2025, the company actively expanded its business, continuously optimized its management, and carried out work in an orderly manner, with steady and sound business development. This proposal has been reviewed and approved by the board’s audit committee.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The company’s《2025 Internal Control Evaluation Report》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved by the board’s audit committee.
Jin Golden Securities Co., Ltd. issued the 《Verification Opinion on Tongda Chuangzhi (Xiamen) Co., Ltd.’s 2025 Internal Control Self-Evaluation Report》; Beijing Dehao International Certified Public Accountants (LLP) issued the 《Internal Control Audit Report of Tongda Chuangzhi (Xiamen) Co., Ltd. for 2025》. For details, please refer to the Juchao Information Network ( ……
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《Special Report on the Deposits and Use of Raised Funds for 2025》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved by the board’s audit committee.
Beijing Dehao International Certified Public Accountants (LLP) issued the《Verification Report on the Deposits and Use of Raised Funds of Tongda Chuangzhi (Xiamen) Co., Ltd. for 2025》; Jin Golden Securities Co., Ltd. issued the《Special Verification Report on the Deposits and Use of Raised Funds of Tongda Chuangzhi (Xiamen) Co., Ltd. for 2025》. For details, please refer to the Juchao Information Network ( ……
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The 《Announcement on the 2025 Profit Distribution Plan》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved by the board’s audit committee; this proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《Announcement on the Proposal to Request the General Meeting to Authorize the Board of Directors to Formulate the 2026 Interim Dividend Plan》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved by the board’s audit committee; this proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《Announcement on Adjusting the Repurchase Price of the 2023 Restricted Stock Incentive Plan and Repurchasing and Canceling Part of the Restricted Stocks》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved separately by the remuneration and appraisal committee of the board and the audit committee of the board.
Guangdong Xinda Law Firm issued the《Legal Opinion on Adjusting the Repurchase Price of the 2023 Restricted Stock Incentive Plan and Repurchasing and Canceling Part of the Restricted Stocks of Tongda Chuangzhi (Xiamen) Co., Ltd.》. For details, please refer to the Juchao Information Network ( ……
This proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《Announcement on Changing the Company’s Registered Capital and Correspondingly Amending the Articles of Association》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
Specific content of the 《Rules of Procedure for Shareholders’ Meetings》《Rules of Procedure for Meetings of the Board of Directors》《Work Rules for Independent Directors》《Implementation Rules for Cumulative Voting》《Remuneration Management System for Directors and Senior Management》and others can be found on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
Among them, the《Remuneration Management System for Directors and Senior Management》was reviewed and approved by the remuneration and appraisal committee of the board; this proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
Specific content such as the《Working Rules of the Audit Committee》《Working Rules of the Nomination Committee》《Management System for the Resignation of Directors and Senior Management Personnel》and others can be found on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《2025 Board Audit Committee Work Report on the Fulfillment of Duties》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved by the board’s audit committee.
The term of the second session of the board of directors will expire in May 2026. The company will carry out board renewal and election work in accordance with relevant procedures. Pursuant to the relevant provisions of Article 86 and Article 138 of the Articles of Association, upon the recommendation of the nomination committee of the board of directors, the board proposes Mr. Wang Yahua and Mr. Wang Tengxiang as candidates for non-independent directors of the third session of the board of directors. Pursuant to the relevant provisions of Article 138 of the Articles of Association, after the nomination committee reviews the candidates’ eligibility for positions, it believes that Mr. Wang Yahua and Mr. Wang Tengxiang meet the requirements regarding the eligibility and conditions for serving as directors of a listed company as stipulated in laws, regulations, normative documents and the Articles of Association.
15.01 Nominating Mr. Wang Yahua as a candidate for a non-independent director of the third session of the company’s board of directors
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the sub-proposal was adopted.
15.02 Nominating Mr. Wang Tengxiang as a candidate for a non-independent director of the third session of the company’s board of directors
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the sub-proposal was adopted.
The《Announcement on the Election of Directors for the Renewal of the Board of Directors》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
All sub-proposals under this proposal have been reviewed and approved by the nomination committee of the board of directors; this proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration. At that time, voting will be conducted using cumulative voting.
Pursuant to Article 9 of the《Measures for the Administration of Independent Directors of Listed Companies (2025 Amendment)》, the board nominates Mr. Shen Zhe and Mr. Lin Hui as candidates for independent directors of the third session of the company’s board of directors. Independent director candidate Mr. Shen Zhe is nominated in his capacity as an accounting professional. Both independent director candidates, Mr. Shen Zhe and Mr. Lin Hui, have obtained certificates of qualification as independent directors. Pursuant to Article 11 of the《Measures for the Administration of Independent Directors of Listed Companies (2025 Amendment)》, after the nomination committee of the board reviews the eligibility of the nominees, it considers that the eligibility and qualifications of Mr. Shen Zhe and Mr. Lin Hui meet the requirements set forth in the《Measures for the Administration of Independent Directors of Listed Companies (2025 Amendment)》《Shenzhen Stock Exchange Listing Rules Self-Regulatory Guidance No. 1—Business Handling: 1.3 Administration of Independent Directors (2026 Amendment)》and other laws, regulations, normative documents, and the Articles of Association regarding the eligibility and conditions for serving as independent directors of a listed company.
16.01 Nominating Mr. Shen Zhe as a candidate for an independent director of the third session of the company’s board of directors
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the sub-proposal was adopted.
16.02 Nominating Mr. Lin Hui as a candidate for an independent director of the third session of the company’s board of directors
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the sub-proposal was adopted.
The《Announcement on the Election of Directors for the Renewal of the Board of Directors》and the《Review Opinion of the Nomination Committee of the Second Session of the Board of Directors of Tongda Chuangzhi (Xiamen) Co., Ltd. on the Eligibility of Candidates for Independent Directors of the Third Session of the Board of Directors》were issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
All sub-proposals under this proposal have been reviewed and approved by the nomination committee of the board of directors; this proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration. At that time, voting will be conducted using cumulative voting.
17.01 Remuneration of non-independent directors for 2025
Related directors shall abstain from voting on this sub-proposal. The number of non-related directors attending the board meeting and participating in voting is less than 3. Pursuant to the Company Law and the Articles of Association, this sub-proposal shall be submitted to the shareholders’ meeting for consideration.
This sub-proposal has been reviewed and approved by the board’s remuneration and appraisal committee.
17.02 Remuneration of independent directors for 2025
Voting results: 3 affirmative votes, 0 dissenting votes, 0 abstentions; 2 directors abstained from voting; the sub-proposal was adopted.
A related committee member of the board’s remuneration and appraisal committee abstained from voting on this sub-proposal. The number of committee members without related relationships was not more than half. This sub-proposal is directly submitted for review at this board meeting.
17.03 Remuneration plan for non-independent directors for 2026
Related directors shall abstain from voting on this sub-proposal. The number of non-related directors attending the board meeting and participating in voting is less than 3. Pursuant to the Company Law and the Articles of Association, this sub-proposal shall be submitted to the shareholders’ meeting for consideration.
This sub-proposal has been reviewed and approved by the board’s remuneration and appraisal committee.
17.04 Remuneration plan for independent directors for 2026
Voting results: 3 affirmative votes, 0 dissenting votes, 0 abstentions; 2 directors abstained from voting; the sub-proposal was adopted.
A related committee member of the board’s remuneration and appraisal committee abstained from voting. The number of committee members without related relationships was not more than half. The sub-proposal is directly submitted to the board for review.
The《Announcement on Confirming Directors’ and Senior Management’s Remuneration for 2025 and the Remuneration Plan for 2026》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been processed through the procedures by the remuneration and appraisal committee of the board; this proposal still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《Announcement on Confirming Directors’ and Senior Management’s Remuneration for 2025 and the Remuneration Plan for 2026》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved by the board’s remuneration and appraisal committee.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《Announcement on Adjusting Matters Related to Foreign Exchange Hedging and Preservation Business》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
This proposal has been reviewed and approved by the board’s audit committee.
Voting results: 5 affirmative votes, 0 dissenting votes, 0 abstentions; the proposal was adopted.
The《Notice on Convening the 2025 Annual General Meeting of Shareholders》was issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
III. Reports on the Work of Special Committees of the Board of Directors
During the period of this regular meeting of the board of directors, the board’s nomination committee submitted to the board its review opinion on the eligibility of candidates for independent directors of the third session of the board of directors; the board’s audit committee submitted to the board an assessment report on the performance of duties by the engaged accounting firm and a report on the board audit committee’s fulfillment of its supervisory responsibilities.
The《Review Opinion of the Nomination Committee of the Second Session of the Board of Directors of Tongda Chuangzhi (Xiamen) Co., Ltd. on the Eligibility of Candidates for Independent Directors of the Third Session of the Board of Directors》, the《Assessment Report of Tongda Chuangzhi (Xiamen) Co., Ltd. on the Performance of Duties by the Accounting Firm for 2025》, and the《Report of the Board Audit Committee of Tongda Chuangzhi (Xiamen) Co., Ltd. on Supervision of the Accounting Firm for 2025》were issued on the information disclosure website designated by the CSRC, the Juchao Information Network ( ……
IV. Documents for Reference
《Resolution of the 22nd Meeting of the Second Session of the Board of Directors of Tongda Chuangzhi (Xiamen) Co., Ltd.》;
《Resolution of the 17th Meeting of the Audit Committee of the Second Session of the Board of Directors of Tongda Chuangzhi (Xiamen) Co., Ltd.》;
《Resolution of the 7th Meeting of the Strategic Committee of the Second Session of the Board of Directors of Tongda Chuangzhi (Xiamen) Co., Ltd.》;
《Resolution of the 5th Meeting of the Remuneration and Appraisal Committee of the Second Session of the Board of Directors of Tongda Chuangzhi (Xiamen) Co., Ltd.》;
《Resolution of the 4th Meeting of the Nomination Committee of the Second Session of the Board of Directors of Tongda Chuangzhi (Xiamen) Co., Ltd.》;
《Review Opinion of the Nomination Committee of the Second Session of the Board of Directors on the Eligibility of Candidates for Independent Directors of the Third Session》;
Verification Opinions issued by Jin Golden Securities Co., Ltd., namely 《Verification Opinion on the Self-Evaluation Report on Internal Control for 2025 of Tongda Chuangzhi (Xiamen) Co., Ltd.》, and 《Special Verification Report on the Deposits and Use of Raised Funds for 2025 of Tongda Chuangzhi (Xiamen) Co., Ltd.》;
Reports issued by Beijing Dehao International Certified Public Accountants (LLP), including the Dehao Yan Zi [2026] 00000904 《Audit Report on Tongda Chuangzhi (Xiamen) Co., Ltd.》, the Dehao Nei Zi [2026] 00000012 《Internal Control Audit Report on Tongda Chuangzhi (Xiamen) Co., Ltd.》, the Dehao He Zi [2026] 00000765 《Verification Report on the Deposits and Use of Raised Funds for 2025 of Tongda Chuangzhi (Xiamen) Co., Ltd.》, and the Dehao He Zi [2026] 00000766 《Special Statement on the Funds Occupation by the Controlling Shareholder and Other Related Parties of Tongda Chuangzhi (Xiamen) Co., Ltd.》;
Legal opinion issued by Guangdong Xinda Law Firm, namely 《Legal Opinion on Adjusting the Repurchase Price of the 2023 Restricted Stock Incentive Plan and Repurchasing and Canceling Part of the Restricted Stocks of Tongda Chuangzhi (Xiamen) Co., Ltd.》.
This announcement is hereby issued.
Tongda Chuangzhi (Xiamen) Co., Ltd.
Board of Directors
March 27, 2026
Security Code: 001368 Stock Short Name: Tongda Chuangzhi Announcement No.: 2026-005
Tongda Chuangzhi (Xiamen) Co., Ltd.
Special Report on the Deposits and Use of Raised Funds for 2025
The Company and all members of the board of directors warrant that the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or material omissions.
In accordance with the relevant provisions of laws, regulations, and regulatory rules such as the《Shenzhen Stock Exchange Listing Company Self-Regulatory Guideline No. 1—Standard Operation for Main Board Listed Companies》and the《Regulatory Rules for Supervision of Raised Funds of Listed Companies (No. 10 [2025])》, etc., Tongda Chuangzhi (Xiamen) Co., Ltd. (hereinafter referred to as the “Company” or “this Company”) hereby reports its deposits and use of raised funds for 2025 as follows:
I. Basic Information on Raised Funds
(A) Amount actually raised and time when funds were received
Approved by the China Securities Regulatory Commission’s reply《Reply on Approving the First Public Offering of Shares by Tongda Chuangzhi (Xiamen) Co., Ltd.》（CSRC Approval [2023] No. 7）and with the consent of the Shenzhen Stock Exchange. The Company issued 28.00 million shares of RMB ordinary shares (A shares) to the public. The issue price per share was RMB 25.13. The total proceeds raised were RMB 7,036.400 million. After deducting various issuance expenses, the actual net proceeds from raised funds were RMB 6,240.085 million. Dahuā Certified Public Accountants (LLP) conducted verification of the fund receipt for the Company’s first public offering of shares on March 7, 2023 and issued the verification report Dahuā Yan Zi [2023] No. 000109 《Verification Report》. The Company manages the raised funds under special account storage.
(B) Use and balance of raised funds
As of December 31, 2025, the cumulative use and balance of raised funds are as follows:
■
Note 1: The total sum of figures does not match the sum of the figures in each sub-item due to rounding.
Note 2: As the Company’s raised funds special account for supplementing working capital (China Construction Bank Corporation Xiamen Xinyang sub-branch 35150198260100001332) has been fully utilized, to standardize the management of raised funds accounts, the Company processed the account cancellation procedures for this special raised funds account. For details, please refer to the《Announcement on the Completion of Cancellation of Part of Raised Funds Special Accounts of Tongda Chuangzhi (Xiamen) Co., Ltd.》(Announcement No.: 2024-046).
Note 3: The Malaysia special account is a multi-currency account newly added in the current period. Its account expenditures are converted into RMB based on the monthly average exchange rate for the payment months of the current period. They are included in “the amount paid for the raised funds projects during the current reporting period” and the account balance is converted into RMB using the exchange rate at the end of the reporting period. The exchange difference is included in “Impact of exchange rate changes on cash and cash equivalents.”
As of December 31, 2025, the cumulative amount of raised funds paid into the projects (raised funds projects) through the raised funds special accounts was RMB 4,348.847 million, including RMB 2,001.037 million that was used to replace the company’s own funds previously invested before the receipt of raised funds. As of December 31, 2025, the balance of raised funds was RMB 2,043.436 million (including RMB 1,719.900 million held in the form of structured deposits purchased with idle raised funds, large certificates of deposit, and deposits placed as notice deposits).
II. Deposits and Management of Raised Funds
(A) Management of raised funds
To standardize the management and use of raised funds, protect the interests of investors, and in accordance with the Company Law of the People’s Republic of China, the Securities Law of the People’s Republic of China, the Regulatory Rules for Supervision of Raised Funds of Listed Companies, the Shenzhen Stock Exchange Stock Listing Rules, and the Shenzhen Stock Exchange Listing Company Self-Regulatory Guideline No. 1—Standard Operation for Main Board Listed Companies and other laws, regulations, and regulatory rules, the Company, based on its actual situation, timely re-established the Company’s 《Raised Funds Management System》in accordance with regulatory requirements. It contains specific and clear provisions regarding the storage of raised funds, their use, supervision over project implementation and usage, etc.
Pursuant to the 《Raised Funds Management System》and in light of the Company’s business needs, the Company opened special raised funds accounts with the Industrial and Commercial Bank of China Xiamen Haicang sub-branch (hereinafter “ICBC Haicang sub-branch”) (account number: 4100026019200304467), and with the China Construction Bank Corporation Xiamen Xinyang sub-branch (hereinafter “CCB Xinyang sub-branch”) (account numbers: 35150198260100001331 and 35150198260100001332). On March 20, 2023, the Company, together with Jin Golden Securities Co., Ltd. (hereinafter “Jin Golden Securities”), respectively signed 《Raised Funds Tripartite Regulatory Agreements》 with the ICBC Haicang sub-branch and the CCB Xinyang sub-branch. The Company and its wholly-owned subsidiary Tongda Chuangzhi (Shishi) Co., Ltd. opened special raised funds accounts with Industrial Bank Co., Ltd. Xiamen Jiangtou sub-branch (hereinafter “Industrial Bank Jiangtou sub-branch”) (account numbers: 129210100100464622 and 129210100100464867), and on March 20, 2023, together with Jin Golden Securities, signed the 《Raised Funds Tripartite Regulatory Agreements》 with the Industrial Bank Jiangtou sub-branch. The Company and its wholly-owned second-tier subsidiary TONGDA SMART TECH (MALAYSIA) SDN. BHD. (hereinafter “Chuangzhi Malaysia”) opened a special raised funds account with China Construction Bank (Malaysia) Berhad (account number: 696100002052). On December 2, 2025, the Company, together with Chuangzhi Malaysia, and Jin Golden Securities, signed the 《Raised Funds Quadripartite Regulatory Agreement》 with China Construction Bank (Malaysia) Berhad.
All the above regulatory agreements clearly specify the rights and obligations of all parties, and there are no major differences from the model of the tripartite regulatory agreements of the Shenzhen Stock Exchange.
(B) Raised funds deposits
As of December 31, 2025, the situation of raised funds deposits is as follows:
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Note 1: The total sum of figures does not match the sum of the figures in each sub-item due to rounding.
Note 2: The Malaysia special account is a multi-currency account and is converted into RMB using the exchange rate at the end of the period.
III. Actual use of raised funds in 2025
(A) Funds use for raised funds investment projects
As of December 31, 2025, the Company’s raised funds special accounts have cumulatively been投入 into relevant projects totaling RMB 4,348.847 million. For each project’s investment status and effects, see Appendix 1.
(B) Cash management using idle raised funds
As of December 31, 2025, the balance of idle raised funds used by the Company to purchase structured deposits, large certificates of deposit, and deposits placed as notice deposits was RMB 1,719.900 million, and the specific situation is as follows:
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Note: The total sum of figures does not match the sum of the figures in each sub-item due to rounding.
© Other situations regarding the use of raised funds
On August 28, 2024, the Company convened the 10th meeting of the second session of the board of directors and the 10th meeting of the second session of the board of supervisors, which reviewed and approved the 《Proposal on Using Self-owned Funds to Pay Part of the Amounts for Raised Funds Projects and Replacing with Raised Funds of Equal Amount》. The Company agreed to use self-owned funds to pay part of the amounts for raised funds projects and replace them with raised funds of an equal amount, with an equal amount of funds transferred from the raised funds special account to the Company’s self-owned funds account periodically.
On August 22, 2025, the Company convened the 19th meeting of the second session of the board of directors and the 18th meeting of the second session of the board of supervisors, which reviewed and approved the 《Proposal on Using Self-owned Funds to Pay Part of the Amounts for Raised Funds Projects and Replacing with Raised Funds of Equal Amount》. The Company agreed to use self-owned funds to pay part of the amounts for raised funds projects and replace them with raised funds of an equal amount, with an equal amount of funds transferred periodically from the raised funds special account to the Company’s self-owned funds account. The Company completed the replacement within six months after paying with self-owned funds.
As of December 31, 2025, the Company’s self-owned funds used to pay part of the amounts for raised funds projects had been replaced with raised funds in the amount of RMB 7.5405 million.
IV. Changes in the use of funds for raised funds investment projects
As of December 31, 2025, for the Company’s changes in the use of funds for raised funds investment projects, see Appendix 2.
V. Issues in raised funds use and disclosure
The Company uses raised funds in accordance with the relevant laws, regulations, and normative documents, and has disclosed the use of raised funds in a timely manner. There are no material issues with respect to the use and disclosure of raised funds.
Appendix 1: Comparison table of raised funds use
Appendix 2: Table of changes in raised funds investment projects
Tongda Chuangzhi (Xiamen) Co., Ltd.
Board of Directors
March 27, 2026
Appendix 1: Comparison table of raised funds use
Comparison table of raised funds use
Unit: RMB 10,000
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Note 1: The total sum of figures does not match the sum of the figures in each sub-item due to rounding.
Note 2: “Amount invested during this reporting period” and “Cumulative amount invested as of the end of the period” do not include amounts paid with self-owned funds for raised funds projects but not yet replaced.
Note 3: The effects realized during this reporting period for the Chuangzhi Shishi smart manufacturing base construction project are the net profit for this year; the same applies hereafter.
Note 4: The balance of the raised funds special account newly added by Chuangzhi Malaysia at China Construction Bank (Malaysia) Berhad is converted into RMB based on the exchange rate at the end of the period.
Appendix 2: Table of changes in raised funds investment projects
Table of changes in raised funds investment projects
Unit: RMB 10,000
■
Note: The total sum of figures does not match the sum of the figures in each sub-item due to rounding.
Security Code: 001368 Stock Short Name: Tongda Chuangzhi Announcement No.: 2026-006
Tongda Chuangzhi (Xiamen) Co., Ltd.
Announcement on the 2025 Profit Distribution Plan
The Company and all members of the board of directors warrant that the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or material omissions.
I. Consideration Procedures
Tongda Chuangzhi (Xiamen) Co., Ltd. (hereinafter referred to as the “Company” or “Tongda Chuangzhi”) convened the 22nd meeting of the second session of the board of directors on March 26, 2026 and approved the 《2025 Profit Distribution Plan》. The plan is still subject to the consideration and approval of the Company’s 2025 annual general meeting of shareholders.
II. Basic Information of the 2025 Profit Distribution Plan
(A) Basic content of this profit distribution plan:
Distribution benchmark: 2025
Based on the audit by Beijing Dehao International Certified Public Accountants (LLP), for 2025, the net profit attributable to shareholders of the listed company in the consolidated financial statements was RMB 98,244,381.99, and net profit in the parent company’s financial statements was RMB 80,178,110.58. Pursuant to the Company Law and the Articles of Association, the Company (consolidated financial statements) appropriates statutory surplus reserve fund of RMB 3,794,805.23, and the parent company’s financial statements also appropriates statutory surplus reserve fund of RMB 3,794,805.23. Add the undistributed profits at the beginning of the period, subtract the amounts of profit distribution implemented within 2025. As of December 31, 2025, the accumulated undistributed profits in the consolidated financial statements were RMB 264,191,786.86, and the accumulated undistributed profits in the parent company’s financial statements were RMB 233,057,310.55. The profit distribution of a listed company follows the principle of the lower amount of distributable profit available in the consolidated and parent company financial statements. As of December 31, 2025, the profit available for distribution to shareholders of the Company was RMB 233,057,310.55.
The Company’s 2025 profit distribution plan is as follows:
The Company intends to distribute profits based on the total number of shares registered on the equity distribution record date for the implementation of the equity distribution.
The Company intends to distribute cash dividends of RMB 1.50 per 10 shares to all shareholders (including tax), with no capitalization of capital reserve into share capital and no bonus shares. As of the disclosure date of this announcement, the Company’s total share capital is 113,836,944 shares. Based on this, the total cash dividend to be distributed is RMB 17,075,541.60 (including tax).
(1) Total amount of cumulative cash dividends this year: The Company’s 4th extraordinary general meeting of shareholders approved the 2025 interim profit distribution plan as follows: using the total share capital registered on the equity distribution record date for the implementation, cash dividends of RMB 6.00 per 10 shares (including tax) will be distributed to all shareholders. No bonus shares will be distributed, and no capitalization of capital reserve into share capital will be carried out. As of the disclosure date of the interim profit distribution plan announcement in 2025, the Company’s total share capital was 113,836,944 shares; based on this, the total cash dividends already distributed were RMB 68,302,166.40 (including tax). Combined with this profit distribution plan, the estimated total cash dividends for the full year 2025 are RMB 85,377,708.00 (including tax).
(2) Explanation of the share repurchase amount implemented by paying cash as consideration through centralized bidding and tender offer: In 2025, the Company has no instances of share repurchases implemented by paying cash as consideration through centralized bidding or tender offer methods.
(3) Proportion of cash dividends to net profit for the current year: In 2025, the proportion of the cumulative cash dividends amount to the net profit for 2025 is 86.90%.
(B) Principles for adjusting the plan when the total share capital changes between the announcement date of the profit distribution plan and before the implementation
From the date of disclosure of the profit distribution plan announcement to the equity distribution record date for implementation, if the total share capital changes due to circumstances such as share incentive award exercise, conversion of convertible bonds, share repurchases, etc., then using the total share capital on the equity distribution record date when the plan is implemented in the future as the base, the Company will adjust the cash dividend proportion according to the principle of “no change in the total distribution amount, adjusting the distribution ratio.”
III. Specific details of the cash dividend plan
(A) Related financial indicators for the annual dividend and explanation of whether it may touch other risk warning circumstances
■
The Company’s 2025 dividend plan does not involve any circumstances that may trigger other risk warning.
The Company’s net profit for the most recent accounting year is positive, and undistributed profits at the end of the year are positive in both the consolidated financial statements and the parent company financial statements. There is no situation of “cumulative cash dividend amount for the most recent three accounting years being less than 30% of the average annual net profit for the most recent three accounting years and cumulative cash dividend amount for the most recent three accounting years being less than RMB 50 million.” Therefore, it does not meet the circumstances under Item (9) of Article 9.8.1 of the 《Shenzhen Stock Exchange Stock Listing Rules》that may lead to the implementation of other risk warnings.
(B) Explanation of compliance and reasonableness of this profit distribution plan
This profit distribution plan complies with the《Company Law》, the CSRC’s《Guiding Opinions on Cash Dividends of Listed Companies No. 3》(2025 Amendment), the《Shenzhen Stock Exchange Listing Company Self-Regulatory Guideline No. 1—Standard Operation for Main Board Listed Companies》(2025 Amendment) and other relevant laws, regulations, normative documents, and the《Articles of Association》and the Company’s《Three-Year Plan (2024~2026) for Shareholders’ Dividend Distribution and Return》. There is no situation that damages the interests of the general investors, especially the rights and interests of small and medium shareholders.
Based on the rules and policy documents such as the《Several Opinions of the State Council on Strengthening Regulation and Preventing Risks to Promote High-Quality Development of the Capital Market》(Guofa [2024] No. 10), the《Corporate Governance Guidelines for Listed Companies》(CSRC Announcement [2025] No. 18), and the《Opinions on Strengthening Regulation of Listed Companies (Trial)》, etc., with regard to guiding principles that encourage listed companies to enhance investor returns, and based on the company’s operating purpose of actively returning value to all shareholders, establishing the investor-oriented concept, and confidence in the company’s long-term development, sharing the high-quality development outcomes of company operations with investors, enhancing investors’ sense of gain, the company has conducted interim cash dividends in 2025 and also formulated this 2025 profit distribution plan.
The company’s industry is still in an upward growth stage with a huge potential market. The company continues to leverage its core competitive advantages, and its principal business is developing steadily. The company’s financial position is sound, its earnings quality is high, and its profitability is strong. The operating cash flow is sufficient, providing adequate funds to support the company’s future development, and there are no arrangements for major cash expenditures. The company comprehensively considered its 2025 profitability level and current overall financial condition, together with the interim profit distribution in 2025, and balanced the company’s funding needs for sustainable development to formulate this profit distribution plan. The company’s cumulative cash dividend level for 2025 does not differ materially from the average level of listed companies in its industry.
IV. Documents for Reference
The resolution of the 22nd meeting of the second session of the board of directors of Tongda Chuangzhi (Xiamen) Co., Ltd.
This announcement is hereby issued.
Tongda Chuangzhi (Xiamen) Co., Ltd.
Board of Directors
March 27, 2026
Security Code: 001368 Stock Short Name: Tongda Chuangzhi Announcement No.: 2026-007
Tongda Chuangzhi (Xiamen) Co., Ltd.
Announcement on Requesting the General Meeting to Authorize the Board of Directors
to Formulate the 2026 Interim Dividend Plan
The Company and all members of the board of directors warrant that the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or material omissions.
In accordance with the provisions of CSRC Announcement [2025] No. 18 《Corporate Governance Guidelines for Listed Companies》, Guofa [2024] No. 10《Several Opinions of the State Council on Strengthening Regulation and Preventing Risks to Promote High-Quality Development of the Capital Market》, and《Opinions on Strengthening Regulation of Listed Companies (Trial)》, etc., policy documents and guidance regarding “encouraging listed companies, under conditions that meet profit distribution requirements, to increase the frequency of cash dividends,” “promoting multiple dividend distributions within a year, pre-dividends, and dividend distributions before the Spring Festival,” and “simplifying the review procedures for interim dividends,” Tongda Chuangzhi (Xiamen) Co., Ltd. (hereinafter referred to as the “Company”) proposes to request authorization from the general meeting to the board of directors to formulate the 2026 interim dividend plan, in order to further improve shareholders’ return level, enhance the stability, continuity, and predictability of dividends, and enhance investors’ sense of gain, while taking into account the Company’s actual situation.
On March 26, 2026, the Company convened the 22nd meeting of the second session of the board of directors and approved the 《Proposal to Request the General Meeting to Authorize the Board of Directors to Formulate the 2026 Interim Dividend Plan》. This proposal is still subject to the review and approval at the Company’s 2025 annual general meeting of shareholders. The specific details are hereby announced as follows:
I. 2026 interim dividend arrangements
(A) Preconditions for interim dividends
When the Company provides interim dividends in 2026, it must satisfy the following conditions simultaneously:
The net profit attributable to shareholders of the listed company for the current period is positive, and accumulated undistributed profits are positive;
The Company’s cash flows can meet funding needs for normal operation and sustained development.
(B) Upper limit of the amount for interim dividends
The total amount of interim dividends for 2026 shall not exceed the net profit attributable to shareholders of the listed company for the corresponding period.
© Authorization for interim dividends
To simplify the interim dividend procedures, the board of directors is proposed to seek approval from the general meeting, authorizing the board of directors to formulate and implement the specific 2026 interim dividend plan under the above interim dividend conditions.
(D) Authorization period
The authorization period runs from the date on which it is approved by the Company’s 2025 annual general meeting of shareholders to the date on which the authorization matters are completed.
II. Review procedures performed
(A) Review by the board audit committee
On March 15, 2026, the Company’s second session audit committee held its 17th meeting and reviewed and approved the 《Proposal to Request the General Meeting to Authorize the Board of Directors to Formulate the 2026 Interim Dividend Plan》. After review by all committee members, they unanimously considered that: the matters to be submitted to the general meeting for authorizing the board of directors to conduct interim dividends for 2026 comply with the relevant provisions of the 《Guiding Opinions on Cash Dividends of Listed Companies No. 3》, the《Opinions on Strengthening Regulation of Listed Companies (Trial)》, the Articles of Association, etc. This can simplify the Company’s interim dividend procedures, is beneficial for stabilizing investors’ expectations for dividends, and there is no situation that would harm the interests of the company and small and medium shareholders. They agreed to submit the proposal to the Company’s 2025 annual general meeting of shareholders for consideration.
(B) Review by the board of directors
On March 26, 2026, the Company’s second session board of directors held its 22nd meeting and reviewed and approved the 《Proposal to Request the General Meeting to Authorize the Board of Directors to Formulate the 2026 Interim Dividend Plan》, agreeing to submit this proposal to the Company’s 2025 annual general meeting of shareholders for consideration.
III. Relevant risk warnings
This proposal will become effective after being submitted to and approved by the Company’s 2025 annual general meeting of shareholders.
At that time, the board will need to reasonably plan and formulate the 2026 interim dividend plan based on actual operating performance, capital use plan, development plans of the Company, undistributed profits, and other relevant factors. There is uncertainty. This proposal does not constitute a commitment by the Company to implement interim dividends for 2026. Investors are kindly requested to pay attention to investment risks.
IV. Documents for Reference
Resolution of the 22nd meeting of the second session of the board of directors of Tongda Chuangzhi (Xiamen) Co., Ltd.;
Resolution of the 17th meeting of the second session of the board of audit committee of Tongda Chuangzhi (Xiamen) Co., Ltd.
This announcement is hereby issued.
Tongda Chuangzhi (Xiamen) Co., Ltd.
Board of Directors
March 27, 2026
Security Code: 001368 Stock Short Name: Tongda Chuangzhi Announcement No.: 2026-008
Tongda Chuangzhi (Xiamen) Co., Ltd. on
Adjusting the Repurchase Price of the 2023 Restricted Stock Incentive Plan
and Repurchasing and Canceling Part of the Restricted Stocks
Announcement
The Company and all members of the board of directors warrant that the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or material omissions.
Tongda Chuangzhi (Xiamen) Co., Ltd. (hereinafter referred to as the “Company” or “Tongda Chuangzhi”) convened the 22nd meeting of the second session of its board of directors on March 26, 2026 and reviewed and approved the 《Proposal on Adjusting the Repurchase Price of the 2023 Restricted Stock Incentive Plan and Repurchasing and Canceling Part of the Restricted Stocks》. The Company agreed to adjust the repurchase price of restricted stock and repurchase and cancel 716,780 shares of restricted stock that were granted under the 2023 restricted stock incentive plan for the initial grant and reserved grant to incentive participants, which have been granted but have not yet had restrictions lifted. This proposal still needs to be submitted to the 2025 annual general meeting of shareholders for consideration.
The relevant matters are explained as follows:
I. Approval procedures already fulfilled for the 2023 restricted stock incentive plan
On December 18, 2023, the Company’s second session board of directors held its 4th meeting and approved the proposals for 《the Company’s (Draft) 2023 Restricted Stock Incentive Plan and its Summary》, 《the Company’s 2023 Restricted Stock Incentive Plan Implementation and Assessment Management Measures》, and 《the proposal to request the shareholders’ meeting to authorize the board of directors to handle matters related to the Company’s 2023 Restricted Stock Incentive Plan》. The Company’s second session board of supervisors held its 4th meeting and approved the related proposals.
From December 19, 2023 to December 28, 2023, the Company publicized on its official website the names and positions of incentive participants for the initial grant under this incentive plan. Upon completion of the publicity period, the board of supervisors did not receive any objections. On December 30, 2023, the Company disclosed the 《Board of Supervisors’ Review Opinion and Explanation on Publicity Status Regarding the List of Initial Grant Incentive Participants for the 2023 Restricted Stock Incentive Plan》.
On January 4, 2024, the Company held its 2024 first extraordinary general meeting of shareholders and approved the proposals for 《the Company’s (Draft) 2023 Restricted Stock Incentive Plan and its Summary》, 《the Company’s 2023 Restricted Stock Incentive Plan Implementation and Assessment Management Measures》, and 《the proposal to request the shareholders’ meeting to authorize the board of directors to handle matters related to the Company’s 2023 Restricted Stock Incentive Plan》. After the 2023 restricted stock incentive plan was approved, the board of directors was authorized to determine the grant date, grant restricted stock to incentive participants when they meet the conditions, and handle all necessary matters for the granting. On January 5, 2024, the Company disclosed the 《Self-Examination Report on Insider Information Holders and the Initial Grant Incentive Participants Buying and Selling Company Shares under the 2023 Restricted Stock Incentive Plan》.
On January 4, 2024, the Company’s second session board of directors’ 5th meeting and the second session board of supervisors’ 5th meeting approved proposals on 《Adjusting the list and grant quantity of the initial grant incentive participants under the 2023 Restricted Stock Incentive Plan》 and 《Granting restricted stock to the incentive participants for the initial grant》. The board of supervisors verified the list of initial grant incentive participants and issued affirmative opinions. On January 25, 2024, the Company disclosed the 《Announcement on the Completion of Registration of Initial Grant under the 2023 Restricted Stock Incentive Plan》. The listing date for the initially granted restricted stock was January 26, 2024. The number of participants registered for the initial grant was 76, and the quantity of restricted stock for initial grant was 1,867,600 shares.
On December 2, 2024, the Company’s second session board of directors’ 13th meeting and the second session board of supervisors’ 13th meeting approved the proposals on 《Adjusting the Reserved Grant Price under the 2023 Restricted Stock Incentive Plan》 and 《Granting restricted stock for the reserved portion to incentive participants》. The board of supervisors verified the list of reserved grant incentive participants and related matters regarding the grant arrangements under the 2023 restricted stock incentive plan. On December 25, 2024, the Company disclosed the 《Announcement on the Completion of Registration of Reserved Grant under the 2023 Restricted Stock Incentive Plan》. The listing date for the reserved grant restricted stock was December 27, 2024. The number of participants registered