ZMAX's restricted stock incentive plan for 2024 will have its first vesting period shares listed

Jiaxing ZMAX Technology Co., Ltd. announced the results of the first vesting period of the 2024 restricted stock incentive plan and the stock listing situation. This time, 95 incentive recipients will vest 774,000 shares, accounting for 40% of the total number of restricted stocks granted. The shares come from the issuance of A-share common stock to the incentive recipients. The vested shares will be listed and traded on September 17, 2025, with a total of 774,000 shares available for trading. After this vesting, the company's total share capital will increase from 88 million shares to 88.774 million shares, and the controlling shareholder and actual controller remain unchanged. Tianjian Certified Public Accountants has completed the capital verification, and the vesting has not had a significant impact on the company's most recent financial condition and operating results