Lens Technology adjusts equity incentive, repays funds early

Lens Technology announced the early repayment of 0.5 billion yuan in idle raised funds by September 19, 2025, from a total of 24 billion yuan temporarily used for working capital, initially due by January 12, 2026. This follows previous repayments totaling 0.7 billion yuan between February and August 2025. The remaining 16.5 billion yuan will be returned by its due date.

Concurrently, the company's 2023 restricted stock incentive plan has undergone adjustments. The buyback and attribution price for restricted shares has been revised from 6.04 yuan per share to 5.64 yuan per share, following the 2024 annual profit distribution plan, which included a cash dividend of 4.00 yuan per 10 shares. This adjustment reflects the impact of the dividend on the stock price.

Furthermore, Lens Technology will repurchase and cancel 39,780 Class I restricted shares from 55 departing or underperforming employees and void 587,520 Class II restricted shares from 100 individuals no longer eligible. This ensures the incentive plan remains aligned with company performance and employee retention goals.