XJEC completes the repurchase and cancellation of part of the restricted stock for 2022

XJEC announced that on August 11, 2025, the board of directors and the supervisory board agreed to repurchase and cancel 127,060 shares of restricted stock from the 2022 restricted stock incentive plan that had been granted but not unlocked, accounting for 0.0125% of the company's total share capital before the repurchase and cancellation, involving 14 individuals, with a repurchase amount of 1,447,066.16 yuan. Due to the job changes of 2 individuals, the departure of 3 individuals, and 9 individuals meeting or not meeting assessment standards, the company repurchased their unlocked shares. The capital verification was completed on September 23, and as of the announcement disclosure date, the repurchase and cancellation procedures have been completed. After the repurchase, the company's total share capital is reduced to 1,018,622,249 shares, which does not affect the controlling shareholder, actual controller, or the conditions for listing equity, and has no significant impact on finances and operations