Luzhou Laojiao announced that the conditions for lifting the sales restrictions during the third period reserved for the company's 2021 restricted stock incentive plan have been fulfilled. At the company level, the three performance indicators of return on net assets, net profit growth rate, and cost to revenue ratio in 2023 were all met; 1 of the 46 incentive recipients had repurchased and cancelled 6,000 restricted shares due to leaving the job. The remaining 45 incentive recipients assessed their qualifications and above. A total of 109,900 restricted shares could be lifted during the current period, accounting for 0.0069% of the company's total share capital.

Luzhou Laojiao announced that the conditions for lifting the sales restrictions during the third period reserved for the company's 2021 restricted stock incentive plan have been fulfilled. At the company level, the three performance indicators of return on net assets, net profit growth rate, and cost to revenue ratio in 2023 were all met; 1 of the 46 incentive recipients had repurchased and cancelled 6,000 restricted shares due to leaving the job. The remaining 45 incentive recipients assessed their qualifications and above. A total of 109,900 restricted shares could be lifted during the current period, accounting for 0.0069% of the company's total share capital.