Sunner adjusts stock plan, guarantees subsidiary loan for raw materials

Fujian Sunner Development announced adjustments to its 2025 restricted stock incentive plan, reducing the number of incentive recipients from 284 to 282 and the total granted shares from 7,208,000 to 7,168,000 shares. The grant price was also adjusted from CNY 8.41 per share to CNY 8.11 per share, following a cash dividend distribution of CNY 0.2982544 per share. This adjustment was made due to two recipients' departure from the company and adheres to the company's "2025 Restricted Stock Incentive Plan (Draft)."

Concurrently, the company will provide a guarantee of up to CNY 15,000,000 for raw material procurement to its wholly-owned subsidiary, Taiyanggu Food (Anhui) Co., Ltd. This guarantee covers contracts with Bunge (Shanghai) Management Co., Ltd. and its affiliates through December 31, 2026. This move aims to support the subsidiary's operations and enhance its profitability.

The total cumulative external guarantee amount for the company and its controlled subsidiaries, including this new guarantee, is CNY 33,000,000, representing 0.32% of the company’s net assets as of the 2024 audited figures.