According to the Huibai New Materials announcement, the conditions for awarding the company's 2026 restricted stock incentive plan have been fulfilled. On October 14, 2026, 1 million Class II restricted shares were awarded to 42 eligible incentive recipients at a price of 16.10 yuan/share, accounting for about 1.08% of the company's total share capital, with no reserved rights. The source of the shares granted this time is the company's targeted issuance of A-shares common shares. The incentives include directors, executives, core technology and key employees, excluding independent directors, shareholders holding 5% or more of the shares, and related relatives of actual controllers. The incentive plan is valid for a maximum period of 48 months. It is divided into three installments according to the ratio of 40%, 30%, and 30%. The total amortization cost is estimated at RMB 16.076,200.

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