Asymchem grants restricted A-shares to 158 employees

Asymchem Laboratories (Tianjin) announced the grant of 300,000 reserved A-shares to 158 incentive recipients on September 29, 2025. This followed approval by the Fifth Board of Directors at its fourth meeting, which confirmed that the conditions for the reserved grant under the 2025 Restricted Stock Incentive Plan (Draft Amendment) had been met. The grant price per share is CNY 53.24.

The total number of restricted shares to be granted under the plan is 5,196,000, with the reserved portion accounting for 300,000 shares, representing 0.09% of the company's A-share capital at the time of the plan's announcement. The shares will be sourced from the company's repurchased A-shares on the secondary market. The incentive plan also outlines performance targets for 2025 and 2026, based on increases in operating revenue and net profit over 2024.

The grant received necessary approvals, including shareholder authorization on April 3, 2025, and verification by the Board's Remuneration and Assessment Committee. Legal and financial advisors confirmed that the grant adheres to relevant laws and regulations. The total estimated cost of this reserved grant is CNY 1,042.26 million, to be amortized from 2025 to 2029.