Aiko Solar finalizes restricted share grant for incentive plan

Shanghai Aiko Solar Energy announced the completion of its reserved grant of restricted shares to 75 incentive recipients. Initially, 76 employees were slated to receive 3.9825 million restricted shares at RMB 5.68 per share. However, one participant forewent their subscription, adjusting the final number to 75 recipients and 3.9345 million restricted shares issued. The company successfully collected RMB 22,347,960 for these shares by October 20, 2025.

These shares, sourced from the company's repurchased RMB A-shares, will transition from unrestricted to restricted circulating shares. This adjustment impacts the company's capital structure, with restricted shares increasing by 3,934,500 to 535,867,180, and unrestricted shares decreasing by the same amount to 1,581,382,743. The total share capital remains unchanged at 2,117,249,923 shares.

The company will proceed with the registration of these shares with the China Securities Depository and Clearing Corporation Limited Shanghai Branch and will continue to fulfill its information disclosure obligations.