GuoChuang Software completes vesting and listing of 240,000 restricted shares

GuoChuang Software Company Limited completed the vesting and listing of 240,000 restricted shares on September 15, 2025. This includes 40,000 shares from the second tranche of the first vesting period for the initial grant, and 200,000 shares from the first vesting period for the reserved grant of the 2024 Restricted Share Incentive Plan. A total of nine incentive recipients are involved. The shares were granted at an exercise price of CNY 8.45 per share, with all recipients satisfying the vesting conditions.

The vesting increases the company's total share capital from 291,791,018 shares to 292,031,018 shares. The newly vested shares represent 0.08% of the total share capital prior to vesting. The company’s digital application business segment achieved a net profit of CNY 6,977.12 million in 2024, exceeding the performance target of CNY 6,500 million and resulting in a company-level vesting coefficient of 1. All vested shares were acquired through monetary contributions by employees, totaling CNY 2,028,000.00.

The proceeds from this vesting will be used to supplement the company's working capital. This event is not expected to significantly impact the company's equity structure or control, nor will it materially affect its financial performance or per-share earnings.