According to Huaqin Technology's announcement, due to the resignation of a total of 104 incentive recipients from the 2023 and 2025 restricted stock plans or their individual performance evaluations were not met or demoted, the company plans to repurchase and cancel 398,431 A-share restricted shares that have been granted to the aforementioned targets but the sales restrictions have not yet been lifted. The repurchase cancellation has obtained the necessary authorization and approval at this stage, and procedures such as disclosure of information, capital reduction, and share cancellation registration are still required. After the repurchase is completed, the total share capital of the company will be reduced from 1,516 billion shares to 1,516 billion shares. The remaining restricted shares in the 2023 and 2025 incentive plans are 281,909 shares and 3,083,323 shares, respectively.

According to Huaqin Technology's announcement, due to the resignation of a total of 104 incentive recipients from the 2023 and 2025 restricted stock plans or their individual performance evaluations were not met or demoted, the company plans to repurchase and cancel 398,431 A-share restricted shares that have been granted to the aforementioned targets but the sales restrictions have not yet been lifted. The repurchase cancellation has obtained the necessary authorization and approval at this stage, and procedures such as disclosure of information, capital reduction, and share cancellation registration are still required. After the repurchase is completed, the total share capital of the company will be reduced from 1,516 billion shares to 1,516 billion shares. The remaining restricted shares in the 2023 and 2025 incentive plans are 281,909 shares and 3,083,323 shares, respectively.