Shenhuo Co., Ltd. announced that the company held a board meeting on June 22, 2026 to review and approve the draft restricted stock incentive plan for 2026. On August 6, it received approval from the Shangqiu State-owned Assets Administration Commission and agreed in principle to implement the plan. The plan still needs to be reviewed and approved by the shareholders' meeting before it can be implemented. The company will advance related work and promptly disclose progress to alert investors to the risks.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.