Chongqing Qianli completes employee stock ownership plan share purchase

Chongqing Qianli Technology Co., Ltd. announced the completion of the purchase of a portion of its 2025 employee stock ownership plan's reserved shares. Between December 24 and December 26, 2025, the company's dedicated account acquired 8,982,600 shares through concentrated bidding on the secondary market. This represents 0.20% of the company's total share capital of 4,521,100,071 shares. The average transaction price was approximately RMB10.66 per share, totaling RMB95,732,716.13, excluding transaction fees.

The actual purchase of reserved shares accounts for 71.11% of the maximum reserved quota of 134.625 million shares, as approved by the company's sixth extraordinary general meeting. This quota was adjusted to include 2.625 million shares from the initial grant that went unpurchased. The acquired shares will be locked for a maximum of 24 months from the announcement date, with unlocking occurring in two equal tranches of 50% after 12 and 24 months, respectively.

Chongqing Qianli Technology Co., Ltd. will continue to monitor the progress of the 2025 employee stock ownership plan and fulfill its information disclosure obligations. Investors are advised to pay attention to related announcements and potential investment risks.