Kingsemi announces new shares to enter market following restricted stock vesting

Kingsemi announced the successful completion of the second vesting period for the initial grant under its 2023 restricted stock incentive plan. A total of 349,450 restricted shares are set to be listed and begin circulation on September 26, 2025. This move stems from the company's directive to its 152 incentive recipients, who have fully remitted the required funds, totaling 11,961,673.50 yuan.

Of the total, 349,450.00 yuan will be added to the company's share capital, with the remaining 11,612,223.50 yuan allocated to capital reserves. Following this vesting, Kingsemi's total share capital will increase to 201,627,296 shares. The newly listed shares represent approximately 0.1736% of the company's pre-vesting total share capital.

The company has affirmed that this vesting will not alter its controlling shareholder or actual control. While the basic earnings per share for January-June 2025 will see a proportional dilution, the company anticipates no significant impact on its financial condition or operating performance for the most recent period.