Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) has provided an update.

Jiangsu Lopal Tech said its A-share price on the Shanghai Stock Exchange fell by more than 20% cumulatively over July 8 and 9, 2026, triggering an official designation of unusual share trading under exchange rules. The company emphasized that its board accepts responsibility for the accuracy and completeness of the disclosure and that the Hong Kong announcement mirrors information first posted on the Shanghai bourse.

The board also approved a 2026 restricted share incentive scheme, proposing to grant 7.76 million restricted shares, about 0.98% of current share capital, to directors, senior management and key technical and business staff, subject to shareholder approval. The move signals an effort to align management and core personnel interests with shareholders, even as the sharp stock-price decline may heighten scrutiny from investors and regulators over the company’s capital management and incentive policies.