Zi Fu Yu (02420) awarded 5 million reward shares to Executive Director Chen Caixiong

According to Zhitong Finance App, Zi Wu Yu (02420) issued an announcement. On December 18, 2025, 5 million bonus shares (accounting for 1% of the total number of shares issued by the Company (excluding treasury shares) as of the date of this announcement) were awarded to Mr. Chen Caixiong (Executive Director and Chief Executive Officer of the Company) (grantor) in accordance with the share award plan. The award of these reward shares was determined based on Mr. Chen's contribution to the company's development during his term of office. Under his leadership, the company successfully turned loss into profit in 2024 through comprehensive strategic reform and refined operation, and promoted continued growth in performance in the first half of 2025, with significant improvements in profitability and operational efficiency. Each award share granted to Mr. Chen represents his right to receive a common share at the time of ownership along with the distribution (if any) of such common shares.