Eoptolink approves restricted share vesting for employees

Eoptolink Technology announced the vesting of 257,460 restricted shares, representing 0.0259% of the company's total share capital before vesting. These shares, granted under the 2024 Restricted Stock Incentive Plan’s reserved portion, will become tradable on September 12, 2025. The vesting price per share is RMB 16.168, with 41 eligible employees participating in this tranche.

The company's board of directors and supervisory board approved the vesting on August 25, 2025, confirming that performance conditions for the first vesting period have been met. Eoptolink's 2024 operating revenue reached RMB 8.646 bn, exceeding the target of RMB 4.5 bn, and all 41 participants achieved an "excellent/good" rating in their individual performance assessments, leading to 100% vesting for this tranche.

The vesting process will increase the company's total share capital from 993,714,892 shares to 993,972,352 shares. The funds raised from this vesting will be used to supplement the company's working capital. This transaction is not expected to significantly impact the company's financial condition or operating results.