Dynagreen Environmental Protection Group Co., Ltd. (stock code: 1330) issued a circular announcing a plan to adopt a Restricted Share Incentive Scheme covering up to approximately 2.90% of the company’s total share capital, subject to shareholder approval. Under this proposal, the company intends to grant a total of 40,350,000 restricted A shares, including an initial grant of 38,250,000 shares and a reserve of 2,100,000 shares.

The intended Grant Price of the restricted shares is RMB3.25 per share. Granting will be carried out in multiple phases over a maximum validity period of 72 months. The shares will be subject to lock-up and unlock conditions based on performance milestones, including net profit growth, return on equity, net cash flows from operating activities, and other operational indicators. Those meeting the relevant requirements will be eligible for unlocking in up to three scheduled periods, each subject to specific corporate and individual performance appraisals.

In addition to the share incentive plan, the company also presented related administrative measures, appraisal management measures, and proposed authorization for the board to oversee implementation matters. Furthermore, the circular noted that the company intends to provide a guarantee—jointly with another shareholder—for its subsidiary’s loan application. These resolutions will be tabled for voting at the Extraordinary General Meeting scheduled on November 19, 2025.