• Bairong will hold an extraordinary general meeting in Central, Hong Kong, on November 17, 2026.
• Shareholders will vote on granting 24,395,000 share awards to Chairman and CEO Zhang Shaofeng at no cost.
• The awards would vest in five tranches tied to market capitalization targets ranging from HK$ 6 billion to HK$ 10 billion.
• Full vesting would result in 24,395,000 new Class B Shares; each vested tranche carries a 24-month lock-up.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bairong Inc. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261029-12388579), on October 29, 2026, and is solely responsible for the information contained therein.