Kstar reviews insider share trading before stock option plan

Shenzhen Kstar Science And Technology announced the results of its self-inspection regarding share trading by insiders and incentive plan participants from March 21 to September 23, 2025, ahead of its 2025 stock option incentive plan. The plan was approved by the board and supervisory committee on September 23, 2025.

During the self-inspection period, 104 incentive participants traded company shares. Two individuals traded after becoming aware of the incentive plan's insider information. However, the company determined these trades were based on independent market judgment with limited knowledge of the plan's specific details, and not on the misuse of insider information. These two individuals voluntarily forfeited their initial grant qualification.

The company's controlling shareholder, Ningbo Kstar Entrepreneurship Investment Partnership, also conducted share reductions during the period as part of a publicly disclosed plan. No reductions occurred between the initiation of the incentive plan's planning and its disclosure date, indicating no insider trading. Kstar confirmed it adhered to disclosure regulations and internal confidentiality measures throughout the plan's development.