Jihong Details Allocation Plan for 10.08 Million Treasury Shares in 2025 Annual Report

Bulletin Express
Sep 02

Xiamen Jihong Co., Ltd. (Jihong) released a supplemental announcement clarifying the status and intended use of its treasury A shares as disclosed in the 2025 annual report.

As of both 31 December 2025 and the publication date of the report (31 March 2026), Jihong held 10.08 million treasury A shares. Management plans to allocate:

• 4.05 million shares for future employee stock ownership schemes, equity incentive plans, or the conversion of convertible corporate bonds. • 6.03 million shares for employee stock ownership schemes or equity incentive plans.

Shares not utilised within the period stipulated by relevant regulations will be cancelled, according to the statement signed by Executive Director and Chairwoman Ms. Zhuang Hao on 2 September 2026.

The board composition remains unchanged, comprising five executive, one employee representative, and four independent non-executive directors.

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