IKD finalizes second grant of restricted shares to core employees

IKD announced the completion of the second grant of its Sixth Phase Restricted Stock Incentive Plan's reserved portion. On September 29, 2025, the company registered 220,500 restricted shares with China Securities Depository and Clearing Corporation Limited Shanghai Branch. The grant involved 25 core employees, with an effective grant price of CNY 6.85 per share.

The total funds raised from this grant amounted to CNY 1,510,425.00, with CNY 220,500.00 allocated to share capital and CNY 1,289,925.00 to capital reserves. These funds will be used to supplement the company's working capital. The restriction period for these shares is set for 12 and 24 months, with 50% of the shares becoming unrestricted after each period.

The company estimates that this incentive plan will incur an accounting cost of CNY 3.0583m, with costs spread across 2025, 2026, and 2027, amounting to CNY 0.6690m, CNY 1.8477m, and CNY 0.5416m respectively. The issuance of these restricted shares resulted in a slight increase in the company's total share capital from 985,121,116 shares to 985,348,267 shares.