Sichuan Dowell Science and Technology Inc. (300535.SZ) has awarded 5,234,800 restricted shares to 175 incentive recipients.

Sichuan Dowell Science and Technology Inc. (300535.SZ) announced that the company held its 25th meeting of the sixth board of directors on November 4, 2025. The board approved the proposal to adjust the list of incentive recipients and the quantity of equity to be granted in the 2025 restricted stock incentive plan, as well as the proposal to grant restricted stock to the recipients for the first time. It was agreed that on November 4, 2025, 523.48 million shares of restricted stock would be granted to 175 eligible incentive recipients at a price of 10.09 yuan per share.