MeiG Smart Technology (03268) is planning a new round of equity incentive measures, with uncertainty in revenue from end-side AI business.

MeiG Smart Technology (03268) announced that the closing price of the company's A shares has deviated by more than 20% for two consecutive trading days (July 16, 2026, and July 17, 2026), which falls under the category of abnormal stock trading fluctuations according to the relevant regulations of the Shenzhen Stock Exchange. After verification, the company is planning a new round of equity incentive matters, which is still in the preliminary planning stage and the specific plan has not been determined. The company will go through the necessary review and disclosure procedures once the details of the incentive plan are clear. In addition, the company, its controlling shareholder, and the actual controller have no undisclosed material issues related to the company, and there are no other significant matters in the planning stage. The controlling shareholder and actual controller of the company did not engage in trading the company's stock during the period of abnormal stock trading fluctuations. The company has noticed that recent investor interest on the Interactive Easy platform has been focused on the application of the company's products in the field of edge AI, Siasun Robot & Automation, and other areas. The company hereby explains that edge AI, Siasun Robot & Automation, and other fields are important application directions for the company's products. These application directions belong to emerging industries or new scenario demands, with market potential. However, they also require high research and product design capabilities from the company. The progress of the company's product research and mass production in these related fields is influenced by factors such as research and development investment, technological iterations, market environment, and customer demands, which brings uncertainty to achieving the expected benefits. Investors are advised to be aware of investment risks.