Shandong Lianke Technology Co., Ltd. 2025 Annual Equity Distribution Implementation Announcement

2026-04-02 04:45:27

Security code: 001207 Security abbreviation: Lianke Technology Announcement No.: 2026-030

All members of this company and the board of directors warrant that the information disclosure is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.

Special Notice:

Shandong Lianke Technology Co., Ltd. (hereinafter referred to as the “Company”) from the disclosure date of its 2025 profit distribution and capital surplus-to-share capital increase proposal to the date of this announcement, the Company has completed the registration of the grant of shares under the 2026 restricted stock incentive plan, and listed on March 23, 2026. The source of shares for this restricted stock incentive plan is shares repurchased from the secondary market by the Company. Therefore, the number of shares participating in the distribution of 2025 profit distribution and capital surplus-to-share capital increase has changed from 214,081,960 shares to 216,526,960 shares, an increase of 2,445,000 shares. The Company, based on the principle of maintaining the same cash dividend distribution ratio per share, has made corresponding adjustments to the total amount of 2025 profit distribution and capital surplus-to-share capital increase.

The Company’s 2025 profit distribution and capital surplus-to-share capital increase scheme has been approved by the 2025 annual general meeting of shareholders convened on March 27, 2026. Now, the Company hereby announces the matters related to the equity distribution as follows:

I. Details of the profit distribution and capital surplus-to-share capital increase scheme approved by the general meeting of shareholders

On March 27, 2026, the Company convened its 2025 annual general meeting of shareholders and examined and approved the “Proposal on the Company’s 2025 Profit Distribution and Capital Surplus-to-Share Capital Increase.” The Company’s 2025 profit distribution and capital surplus-to-share capital increase proposal is: based on 214,081,960 shares, which is the total share capital as of December 31, 2025 (216,526,960 shares) minus the number of shares held by the Company’s repurchase dedicated account; distribute to all shareholders cash dividends of RMB 5.00 per 10 shares (including tax); and based on 214,081,960 shares, which is the total share capital as of December 31, 2025 (216,526,960 shares) minus the number of shares held by the Company’s repurchase dedicated account, increase capital by 4 shares per 10 shares from capital surplus. Before the implementation of this profit distribution and capital surplus-to-share capital increase proposal, if the Company’s total share capital or the number of shares participating in the distribution changes, the Company plans to maintain the amount per share and the capital increase ratio unchanged, and accordingly adjust the distribution and capital increase totals.

From the disclosure date of the profit distribution scheme to the implementation period, the Company’s total share capital has not changed.
The 2,445,000 shares in the Company’s original repurchase dedicated account do not participate in the 2025 profit distribution and capital surplus-to-share capital increase, but because the registration of the grant under the 2026 restricted stock incentive plan has been completed, all shares in the Company’s original repurchase dedicated account have been granted, and there are no shares of the Company in the repurchase dedicated account. According to the principle determined in the 2025 profit distribution and capital surplus-to-share capital increase proposal: “Before the implementation of this profit distribution and capital surplus-to-share capital increase proposal, if the Company’s total share capital or the number of shares participating in the distribution changes, the Company plans to keep the amount per share and the capital increase ratio unchanged, and accordingly adjust the total distribution and capital increase.” The Company has calculated based on the Company’s total share capital of 216,526,960 shares as of the date of disclosure of this announcement. The Company’s share capital eligible to participate in profit distribution is 216,526,960 shares. Cash dividends of RMB 5 per 10 shares (including tax) will be distributed to all shareholders, totaling RMB 108,263,480.00 (including tax); and capital surplus will be used to increase 4 shares per 10 shares, totaling 86,610,784 shares.
The distribution scheme to be implemented this time is consistent with the principle of the distribution scheme approved by the general meeting of shareholders.
The time elapsed between the distribution scheme to be implemented this time and the time when the general meeting approved it does not exceed two months.

II. Profit distribution and capital surplus-to-share capital increase scheme to be implemented this time

The Company’s 2025 annual profit distribution and capital surplus-to-share capital increase scheme is: based on the Company’s current total share capital of 216,526,960 shares, distribute to all shareholders RMB cash of 5.000000 yuan per 10 shares (including tax; after tax withholding, for Hong Kong market investors holding shares via the Shenzhen-Hong Kong Stock Connect, overseas institutions (including QFII, RQFII), and individuals and securities investment funds holding pre-IPO restricted shares, 4.500000 yuan per 10 shares will be distributed; for individuals holding post-IPO restricted shares, equity incentive restricted shares, and unrestricted circulating shares, dividend and bonus tax is collected with differential tax rates. This Company will not withhold individual income tax for the time being; when individuals transfer the shares, the taxable amount will be calculated according to their holding period【Note】; for the dividend tax applicable to securities investment funds holding post-IPO restricted shares, equity incentive restricted shares, and unrestricted circulating shares, for the portion corresponding to fund units held by Hong Kong investors, tax will be levied at 10%; for the portion corresponding to fund units held by investors in Mainland China, differential tax rates will be applied), and at the same time, increase capital by 4.000000 shares per 10 shares to all shareholders from capital surplus.

【Note: According to the first-in, first-out principle, the holding period is calculated based on the investor’s securities account. For holdings of 1 month or less (including 1 month), an additional tax payment of 1.000000 yuan per 10 shares will be made; for holdings of more than 1 month up to 1 year (including 1 year), an additional tax payment of 0.500000 yuan per 10 shares will be made; for holdings exceeding 1 year, no additional tax payment is required.】

Before the distribution, the Company’s total share capital is 216,526,960 shares. After the distribution, the total share capital will increase to 303,137,744 shares.

III. Record date and ex-rights/ex-dividend date

The record date for this equity distribution is April 7, 2026; the ex-rights/ex-dividend date is April 8, 2026.

IV. Principles and method for calculating the ex-rights/ex-dividend price

The ex-rights/ex-dividend price after the implementation of this equity distribution = (closing price on the record date – cash dividend per share) ÷ (1 + share change ratio) = (closing price on the record date – RMB 0.5000000 per share) (retain seven decimal places, not rounded) ÷ (1 + 0.4000000).

V. Recipients of the equity distribution

The recipients of this distribution are: all shareholders of this Company registered as of the close of business on April 7, 2026 at the Shenzhen Stock Exchange, with registration maintained with Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as “China Securities Shenzhen Branch”).

VI. Method of equity distribution

The shares transferred in this transaction will be directly recorded into shareholders’ securities accounts on April 8, 2026. For any fractional portion of less than 1 share arising during the transfer of shares, 1 share will be distributed to shareholders in sequence according to the rank order of the digits after the decimal point from larger to smaller (if the fractional digits are the same, the system will randomly sort among those with the same fractional digits to distribute). This will continue until the total number of shares actually transferred is consistent with the total number of shares to be transferred in this transaction.
The cash dividends for the A-share shareholders that this Company has entrusted to China Securities Shenzhen Branch to distribute will be directly credited to their funds accounts on April 8, 2026 through their custodial securities companies (or other custodial institutions).
The cash dividends for the following A-share shareholders will be distributed by this Company itself:

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During the application period for the equity distribution business (application date: March 30, 2026 to record date: April 7, 2026), if the cash dividends entrusted to China Securities Shenzhen Branch to distribute are insufficient due to a reduction in shares in the self-distributed shareholders’ securities accounts, all legal responsibilities and consequences shall be borne by our Company.

The first trading day for the transferred shares with no trading restrictions (unrestricted circulating shares) is April 8, 2026.

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VII. Table of changes in share capital

Note: Due to rounding up/down during the implementation of the distribution, the number of shares after the change shall be subject to the data from China Securities Shenzhen Branch.

VIII. Adjustment of relevant parameters

After the transfer of shares under this implementation, based on dilution calculation with the new share capital of 303,137,744 shares, for the 2025 annual period, the earnings per share will be 0.9655 yuan.
According to the Company’s “Prospectus for the Initial Public Offering of Shares,” the Company’s controlling shareholder, Hainan Lianke Investment Co., Ltd., and the actual controller, Wu Xiaolin, Wu Xiaoqiang, undertake: “If the Company’s shares held directly or indirectly by this Company / myself are reduced for a period of two years after the lock-up period expires, the reduction price shall not be lower than the issue price of the Company’s shares at the time of this issuance and listing (if, during the above period, the Company performs ex-rights/ex-dividend actions such as distribution of dividends, bonus shares, capital increases through conversion from capital surplus, issuance of new shares, or allotment of shares, then the above price shall be adjusted accordingly)”;

After this ex-rights/ex-dividend, the above minimum reduction price restriction will also be adjusted accordingly.

After the implementation of this equity distribution is completed, for the repurchase price of the shares granted under the 2026 restricted stock incentive plan, the Company will adjust it according to the adjustment method and procedures specified in the Company’s “2026 Restricted Stock Incentive Plan.” The Company will perform the approval and information disclosure obligations for the adjustment in accordance with relevant regulations. For specific circumstances, please refer to the Company’s subsequent announcements.

IX. Consulting institutions

Consultation address: No. 577 Luxing Road, Qingzhou City, Weifang City, Shandong Province

Contact person for consultation: Sun Qijia

Consultation phone: 0536-3536689

Fax phone: 0536-3536689

X. Documents for filing and review

The resolutions of the Company’s 2025 annual general meeting of shareholders;
The resolutions of the 14th meeting of the Third Session of the Board of Directors;
The document from China Securities Shenzhen Branch confirming the specific time arrangements for this equity distribution.

This announcement is hereby made.

Shandong Lianke Technology Co., Ltd.

Board of Directors

March 31, 2026

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