Hengmingda announced that the reservation conditions for the company's 2026 stock option incentive plan have been fulfilled. It has been determined that 655 million stock options will be granted to 7 core employees using October 22, 2026 as the reservation authorization date, at an exercise price of 43.28 yuan/share. The source of the shares granted this time is the company's targeted issuance of A shares of common stock and/or secondary market repurchase shares. The remaining 276,500 reserved stock options after this grant will clearly target incentives within 12 months after review and approval by the shareholders' meeting.

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