Haitian Flavouring completes 2024 employee stock plan share transfer

Foshan Haitian Flavouring & Food Company Ltd. announced the completion of the non-trading transfer of vested shares under its 2024 employee stock ownership plan on November 3, 2025. The plan was approved by the board of directors and shareholders in August and September 2024, respectively.

A total of 4,220,100 shares were transferred. Of these, 245,000 shares were transferred to current directors, senior management, and former supervisors. This group includes Dai Wen, Gui Junqiang, Liu Zhiqing, and Xia Zhentao, each receiving 40,000 shares. Li Jun and Ke Ying each received 20,000 shares. Former supervisors Chen Min, Huang Shuliang, and He Tao each received 15,000 shares.

The remaining 3,975,100 shares were transferred to 604 other participants. The company affirmed that the share transfers to current directors and senior management will strictly adhere to relevant regulations concerning changes in shareholdings.