Aiko Solar grants restricted stock under incentive plan

Shanghai Aiko Solar Energy (SSE:600732) announced the completion of the initial grant of restricted shares under its 2025 Restricted Stock and Stock Option Incentive Plan. On May 12, 2025, the company's board approved the grant of 13.28 million restricted shares to 178 eligible incentive recipients at a price of CNY 5.68 per share. However, due to voluntary waivers by 3 recipients, the final grant involved 13.13 million shares to 175 employees, generating proceeds of CNY 74.5784 million. These shares, sourced from the company's A-share buyback program, will be converted from unrestricted to restricted shares. The company will proceed with the registration process and fulfill its disclosure obligations.