Longpan Technology: Completed registration of 6.81 million stock options incentive plan grants.

Long Ban Technology announced that the company completed the registration of the 2025 stock option incentive plan on February 11, 2026. The granting date was January 5, with a total of 6.81 million shares registered to 282 individuals at an exercise price of 15.35 per share. The stocks were issued through a targeted issuance of A-shares. The incentive plan has a maximum duration of 48 months, divided into two exercise periods, each with a 50% exercise ratio. The performance assessment target is based on the 2025 revenue, with a minimum revenue growth rate of 10% and 20% for 2026 and 2027, respectively. The total estimated amortization expense for the period of 2026-2028 is 58.2936 million.