ENN Ecological adjusts share incentives, forecasts, and guarantees

ENN Ecological Holdings confirmed the granting of 4.88 million restricted shares under its 2025 incentive plan, with a revised grant price of RMB 8.58 per share, effective October 17, 2025. This adjustment follows a prior revision reducing the total shares from 5.08498 million. Concurrently, the company will repurchase and cancel 100,000 restricted shares from one employee due to a job change, with a buyback price of RMB 8.58 per share plus bank deposit interest.

The company also updated its 2026 related-party transaction forecasts. The total projected amount for 2026 has been adjusted from RMB 245,000 million to RMB 216,000 million, reflecting an increase of RMB 21,000 million and a decrease of RMB 50,000 million in various transaction categories. These adjustments aim to optimize business operations and leverage affiliate resources, ensuring fair and reasonable pricing.

Furthermore, ENN Ecological Holdings announced progress on its 2025 estimated guarantees. The company provided RMB 3,000.00 each for Changzhou Xin'ao Gas Engineering Co. and Yutian Xin'ao Gas Co. As of September 30, 2025, the total outstanding guarantees for subsidiaries and associates exceeded 50% of the company’s latest audited net assets.