KUAISHOU-W (01024) announced that on April 17, 2026, its board of directors approved the grant of a total of 391,200 share options and 3.4776 million restricted share units under the 2023 Share Incentive Plan. The awards were granted to Cheng Yixiao, the company's co-founder, executive director, chief executive officer, and a major shareholder. The grants are conditional upon acceptance by the recipient.