Inner Mongolia Yuan Xing Energy unlocks restricted stock for incentive plan participants

Inner Mongolia Yuan Xing Energy Co., Ltd. has approved the release of 3.558 million restricted shares, representing approximately 0.0957% of its current total share capital. These shares are from the first restricted period of its 2023 Restricted Stock Incentive Plan (reserved grant). The shares are set to commence circulation on October 17, 2025.

A total of 35 incentive recipients met the conditions for this release. The company’s 2024 net profit attributable to shareholders, after deducting non-recurring gains and losses, reached 2,071,861,888.77 yuan. This figure represents approximately a 12% growth rate compared to the baseline, which meets the performance target for the first restricted period. Individual performance evaluations for all 35 eligible recipients were rated "good" or higher, qualifying them for a 100% release ratio for their individual restricted shares.

Out of 7.236 million shares originally granted under the reserved portion of the plan, 3.558 million shares are now eligible for release, representing 49.17% of the total reserved shares granted. The current changes will decrease restricted tradable shares by 3.558 million, resulting in 395.289 million restricted shares (10.63% of total capital), and increase unrestricted tradable shares by the same amount, totaling 3.323 billion shares (89.37% of total capital).