ENN Ecological Holdings unlocks restricted shares, approves 2026 financial plans

ENN Ecological Holdings confirmed that the conditions for the fourth restricted period's release, covering the reserved grant portion of its 2021 restricted stock incentive plan, have been met. This unlocks 192,517 restricted shares for six eligible grantees, representing 0.0062% of the company's total share capital, effective December 10, 2025. Two grantees, whose performance was unsatisfactory for 2024, will have their 50,000 unreleased restricted shares repurchased and cancelled.

Concurrently, the board approved several key initiatives for 2026. These include projected increases in guarantee limits for subsidiaries to 34 bn yuan, a delegated wealth management quota of 8.1 bn yuan, and foreign exchange hedging limits of $5 bn. Additionally, a commodity hedging limit of $4.7 bn was approved, covering BRENT crude, JCC crude, JKM natural gas, Henry Hub natural gas, and TTF natural gas.

The company also announced the appointment of Grandway Certified Public Accountants as its H-share auditor for 2025, pending shareholder approval and the completion of the H-share issuance by March 31, 2026. These decisions are set to be discussed at the third extraordinary general meeting on December 26, 2025.