Wingtech completes transfer for 2025 employee stock plan

Wingtech Technology Co., Ltd. announced the completion of the non-trading transfer of shares for its 2025 employee stock ownership plan. The plan, approved by the board of directors on September 29, 2025, and by shareholders on October 15, 2025, involved the transfer of repurchased A-shares from the company's dedicated repurchase account.

On December 4, 2025, China Securities Depository and Clearing Corporation Limited confirmed the transfer of 1.572 million Wingtech Technology A-shares to the "Wingtech Technology Co., Ltd. - 2025 Employee Stock Ownership Plan" dedicated securities account. The transfer was executed at a price of CNY 36.36 per share, totaling approximately 0.13% of the company's total share capital as of December 3, 2025.

The employee stock ownership plan has a duration of 72 months, with a 12-month lock-up period starting from the date the last batch of shares was transferred. The shares will vest in three equal tranches, with actual vesting percentages determined by performance assessments at the company, business unit/subsidiary, department, and individual levels.