Asymchem revises, clarifies stock incentive plans

** Asymchem Laboratories (Tianjin) is moving forward with key adjustments to its 2025 A-share and H-share restricted stock incentive plans. The company has revised the A-share plan to adjust the participant list following the departure of a senior manager due to retirement, reducing the initial grant recipients from 649 to 648 and the total shares granted from 521.6 million to 519.6 million. Corresponding adjustments have been made to the allocation among remaining participants, including executives such as Zhang Da, Chen Chaoyong, and others, alongside a reduction in overall expenses. The company is clarifying that H-share grants will be no more than 10% of outstanding H shares. Details regarding eligibility, allocation, and plan management have been finalized and are awaiting shareholder approval.