Digiwin Software announces restricted stock vesting and listing

Digiwin Software announced the vesting of 159,000 restricted shares on November 17, 2025. These shares are from the third vesting period of its 2021 stock option and restricted stock incentive plan's reserved grant. The shares represent 0.06% of the company's total share capital as of the announcement date and will be listed for trading on November 17, 2025.

The vesting price for these shares is CNY 10.77 per share (adjusted). The shares were sourced from the company's directed issuance of A-shares to the incentivized individuals. A total of 10 incentivized individuals are participating in this third vesting period. This action follows the approval by the company's fifth board of directors and fifth board of supervisors on April 24, 2025, confirming the achievement of vesting conditions for the reserved grant portion.

The company's independent financial advisor, Shanghai Rongzheng Enterprise Consulting Services (Group) Co., Ltd., confirmed that the vesting conditions for the third period have been met. This move is expected to bolster employee retention and aligns with the company’s long-term growth objectives.