Easpring begins employee share increase plan with initial purchases

Beijing Easpring Material Technology Co., Ltd. announced the commencement of its 2025 management and core employee share increase plan, approved on August 12, 2025. The plan involves 364 participants, including directors, senior management, and core employees, committing a total subscription amount of CNY 31,526,011.81. Directors and senior management alone accounted for CNY 7,058,000 of the total. Yunnan International Trust Co., Ltd. has been appointed as the asset service institution for the plan.

As of the announcement date, Yunnan International Trust has established a securities account and has already acquired 97,600 shares of the company's stock from the secondary market through competitive bidding. These shares represent 0.02% of the company's total share capital.

The total transaction value for these initial purchases stands at CNY 4,726,430, with an average transaction price of CNY 48.43 per share. The company stated it will continue to disclose the implementation progress of the share increase plan as required.