Shenzhen Xingyuan Material Technology Co., Ltd. Self-Inspection Report on Insider Information and Trading Activities of Restricted Stock Incentive Plan Participants and Incentive Targets for the Company's 2026 Restricted Stock Incentive Plan

Log in to the Sina Finance app, search for 【information disclosure】 to view more assessment tiers

Security Code: 300568 Stock Short Name: Xingyuan Materials Announcement No.: 2026-012

Shenzhen Xingyuan Materials Technology Co., Ltd.

Self-examination Report on the Trading of the Company’s Stock by Insiders with Knowledge of the Company’s 2026 Restricted Stock Incentive Plan and the Incentive Recipients

All of the Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and there are no false records, misleading statements, or material omissions.

Shenzhen Xingyuan Materials Technology Co., Ltd. (hereinafter referred to as the “Company”) held the 22nd meeting of the Sixth Session of the Board of Directors on March 12, 2026, at which it considered and approved the resolutions on “the Company’s 2026 Restricted Stock Incentive Plan (Draft) and its Summary,” and specifically the details are set out in the Company’s website on March 13, 2026 on the Cninfo website (

Pursuant to the relevant laws, regulations, and normative documents such as the “Administrative Measures for Equity Incentive of Listed Companies” (hereinafter referred to as the “Administrative Measures”), and “Guidelines No. 1 for Self-Regulatory Supervision of GEM Listed Companies of the Shenzhen Stock Exchange—Business Handling” and other relevant laws, regulations, and normative documents, after querying with China Securities Depository and Clearing Co., Ltd., Shenzhen Branch, the Company conducted a self-examination of the trading of the Company’s stock by the insiders with knowledge of the incentive plan and the incentive recipients within the 6 months prior to the first public disclosure of this incentive plan (i.e., from September 12, 2025 to March 12, 2026, hereinafter referred to as the “self-examination period”). The specific details are as follows:

I. Scope and Procedures of the Review

(I) The review targets are the insiders with knowledge of the incentive plan and the incentive recipients;

(II) Each insider with knowledge of the incentive plan completed and submitted the “Registration Form for Insiders with Knowledge of Information”;

(III) The Company, through China Securities Depository and Clearing Co., Ltd., Shenzhen Branch, queried and confirmed the trading of the Company’s stock by the review targets during the self-examination period, and China Securities Depository and Clearing Co., Ltd., Shenzhen Branch issued a query certification.

II. Explanation of the Trading of the Company’s Stock by the Review Targets During the Self-examination Period

According to the “Query Certification on Shareholdings and Changes by Information Disclosure Obligors” and the “Detailed List of Share Changes of Shareholders” issued by China Securities Depository and Clearing Co., Ltd., Shenzhen Branch, during the self-examination period for this incentive plan, a total of 51 review targets conducted transactions involving the Company’s stock. Combined with the Company’s process of planning and implementing the incentive plan, after the Company’s review, the above-mentioned persons’ trading of the Company’s stock during the self-examination period was carried out based on the information publicly disclosed by the Company and their independent judgment regarding secondary market trading; such conduct constitutes individual investor behavior. Before the above-mentioned persons traded the Company’s stock, they were not aware of the specific elements of the incentive plan and other relevant information, and there is also no situation in which they obtained any insider information from the Company’s directors, senior management, or other insiders with knowledge of insider information, and traded by using such insider information.

III. Conclusion

In summary, within the 6 months prior to the first public disclosure of the incentive plan, no circumstances were found in which the insiders with knowledge of the incentive plan or incentive recipients used insider information related to the incentive plan to trade the Company’s stock or disclosed insider information related to the incentive plan. All incentive recipients comply with the relevant provisions of the “Administrative Measures for Equity Incentive of Listed Companies” and “Guidelines No. 1 for Self-Regulatory Supervision of GEM Listed Companies of the Shenzhen Stock Exchange—Business Handling,” and there are no acts of insider trading.

IV. Documents for Record

The “Query Certification on Shareholdings and Changes by Information Disclosure Obligors” and the “Detailed List of Share Changes of Shareholders” issued by China Securities Depository and Clearing Co., Ltd., Shenzhen Branch.

This announcement is hereby made.

Board of Directors, Shenzhen Xingyuan Materials Technology Co., Ltd.

March 26, 2026

Security Code: 300568 Stock Short Name: Xingyuan Materials Announcement No.: 2026-011

Shenzhen Xingyuan Materials Technology Co., Ltd.

Letter of Explanation on the Public Disclosure of the List of Incentive Recipients for the Company’s 2026 Restricted Stock Incentive Plan and Review Opinions by the Board’s Remuneration and Appraisal Committee

All of the Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and there are no false records, misleading statements, or material omissions.

Shenzhen Xingyuan Materials Technology Co., Ltd. (hereinafter referred to as the “Company”) held the 22nd meeting of the Sixth Session of the Board of Directors on March 12, 2026, at which it considered and approved resolutions including “the Company’s 2026 Restricted Stock Incentive Plan (Draft) and its Summary,” and other resolutions, and on March 13, 2026 the relevant information was posted on the Cninfo website (

I. Public Disclosure Situation and Review Methods

(I) Public disclosure situation

On March 13, 2026, the Company posted the relevant information on the Cninfo website (

(II) Review methods

The Board’s Remuneration and Appraisal Committee reviewed materials including the list of proposed incentive recipients, identity documents, the employment contract or appointment contract signed by the proposed incentive recipients with the Company, the positions held by the proposed incentive recipients at the Company or its subsidiaries and the appointment documents thereof, and other materials.

II. Review Opinions

Pursuant to the “Administrative Measures” and the “Company Articles of Association,” the Board’s Remuneration and Appraisal Committee conducted a review of the list of proposed incentive recipients and issued the following review opinions:

1. All persons included in the list of incentive recipients under this incentive plan are directors, senior management personnel, middle-level management personnel, and core technical (business) personnel of the Company (including its subsidiaries). All are official employees of the Company, excluding foreign employees; excluding the Company’s independent directors; and excluding shareholders or actual controllers holding individually or collectively more than 5% of the Company’s shares and their spouses, parents, and children. For any proposed incentive recipient, the number of restricted shares granted does not exceed 1% of the Company’s total share capital. The persons included in the list of incentive recipients under this incentive plan have the qualification for appointment provided for in laws and regulations and normative documents including the “Company Law of the People’s Republic of China” (hereinafter referred to as the “Company Law”) and the “Securities Law of the People’s Republic of China” (hereinafter referred to as the “Securities Law”), as well as the “Company Articles of Association,” and there is no circumstance in which, as stipulated in the “Administrative Measures,” they may not become incentive recipients:

(1) Within the last 12 months, they have been identified by a securities exchange as an inappropriate candidate;

(2) Within the last 12 months, they have been identified by the China Securities Regulatory Commission and its dispatched agencies as an inappropriate candidate;

(3) Within the last 12 months, they have been administratively penalized by the China Securities Regulatory Commission and its dispatched agencies or measures have been taken to prohibit market entry due to major violations of laws and regulations;

(4) Having any circumstance in which, as stipulated in the “Company Law,” they may not serve as a director or senior management personnel of the Company;

(5) Laws and regulations prohibit participation in equity incentive plans of listed companies;

(6) Other circumstances as recognized by the China Securities Regulatory Commission.

2. The basic information of the proposed incentive recipients is true and there is no falsehood, deliberate concealment, or any causing of major misunderstanding.

In summary, the Board’s Remuneration and Appraisal Committee believes that the persons included in the list of incentive recipients under this incentive plan possess the qualifications for appointment as stipulated in laws and regulations and normative documents such as the “Company Law,” “Securities Law,” etc., meet the incentive recipient requirements as stipulated in laws and regulations including the “Administrative Measures,” and comply with the scope of incentive recipients as stipulated in the Company’s “2026 Restricted Stock Incentive Plan (Draft)” and its summary. The qualification of the subject as the incentive recipients to be granted under this incentive plan is lawful and effective.

This announcement is hereby made.

Shenzhen Xingyuan Materials Technology Co., Ltd.

Board’s Remuneration and Appraisal Committee

March 26, 2026

Vast amounts of news and precise interpretation—available on the Sina Finance app