Jinghua New Materials: Due to changes in the incentive objects, 32,000 restricted stocks will be repurchased and canceled.

Shanghai Jinghua Adhesive New Materials Co., Ltd. announced that, due to two incentive recipients no longer meeting the qualifications in the 2024 incentive plan, the company has decided to repurchase and cancel 32,000 restricted shares that have been granted but not yet released from restriction. The proposal was approved at a meeting in July 2025, and no objections were received from creditors during the public notice period. The repurchase and cancellation is expected to be completed on September 16, with the remaining restricted shares to be granted under the 2024 incentive plan totaling 3,611,600 shares. After the repurchase and cancellation, the company's total share capital will decrease from 289,634,661 shares to 289,602,661 shares. The lawyer believes that the necessary approvals have been obtained for the related matters, and further procedures such as cancellation registration will be carried out.