Tinci Materials completes employee stock ownership plan transfer

Guangzhou Tinci Materials Technology (SZSE:002709) announced the completion of the non-transaction transfer of its 2024 employee stock ownership plan. The shares transferred totaled 5,354,500, representing 0.28% of the company's total share capital. These shares were sourced from the company's existing share repurchase account. The employee stock ownership plan, approved at the company's shareholders' meetings, involves 98 participants and has a duration of 60 months. The transfer price was 11.16 RMB per share. The plan aims to incentivize employees and enhance the company's operational efficiency.致同会计师事务所(特殊普通合伙) has issued a capital verification report,致同验字(2025)第110C000041号.