Yimikang Tech. Group allocates reserved shares for employee stock plan

Yimikang Tech. Group's board of directors approved the allocation of reserved shares from its 2024 employee stock ownership plan (ESOP) on December 18, 2025. This allocation includes 600,000 newly reserved shares and 1,950,000 unallocated shares from the initial distribution, totaling 2,550,000 shares, representing 51% of the total ESOP. The allocation price remains RMB 5.35 per share, consistent with the initial distribution.

The company's compensation and assessment committee and the board approved the allocation to eligible participants, comprising up to 40 middle management and core employees, excluding directors and senior management. These participants will subscribe to a maximum of 8,498,283 units, corresponding to 1,588,464 shares sourced from the company's repurchased stock. The remaining 961,536 shares will be canceled due to non-allocation.

The ESOP shares will be subject to a 12-month lock-up period from the date the last batch of shares is transferred to the ESOP account. Unlocking will occur in one go after the lock-up period, with individual unlocking percentages determined by performance evaluations. The total shares held by the ESOP will not exceed 10% of the company's total share capital.