Beijing Jiaye (02210): Due to lack of enforcement conditions, the initial grant of 3.42 million share value-added rights and the reserved grant of 400,000 share value-added rights will be cancelled

According to the Zhitong Finance App, Beijing Jiaye (02210) issued an announcement. According to the rules of the Stock Value-added Rights Incentive Plan, the 3.42 million share value-added rights granted for the first time (including the 370,000 share value-added rights held by the three disqualified incentive recipients) and the 400,000 share value-added rights reserved for the first time will be cancelled. After cancellation, the 3.42 million/ total 3.82 million share value-added rights will expire and can no longer be exercised.

The Company anticipates that the current cancellation of stock appreciation rights will not have any significant impact on the Company's financial status and operating performance, nor will it affect the diligent work of the Company's management team. The company's management team will continue to work diligently and diligently to create value for shareholders.