Tongyu Communication completes 2025 equity incentive plan registrations

Tongyu Communication (SZSE:002792) has officially completed the registration of restricted stock and stock options for its 2025 incentive plan. On September 8, 2025, the company registered 2.50 million restricted shares at a grant price of 7.45 yuan per share, distributed among 164 incentive recipients. The total capital raised from this restricted stock issuance amounted to 18,625,500.00 yuan, with 2,500,000.00 yuan increasing the registered capital and 16,125,000.00 yuan contributing to capital reserve (share premium).

Concurrently, on September 4, 2025, the company registered 2.327 million stock options at an exercise price of 11.92 yuan per option, allocated to 110 incentive recipients. The combined incentive plan, initially involving 242 participants, was adjusted to 208 participants, comprising 110 for stock options and 164 for restricted stock, due to some individuals withdrawing from the plan. The total number of options granted is 2.327 million, and restricted shares granted are 2.50 million. The company's total share capital has increased from 522,433,405 shares to 524,933,405 shares as a result of these registrations, with the proceeds from the restricted stock issuance entirely allocated to supplementing working capital.