Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (02582) announced on February 25, 2026, a proposal to adopt an H Share Award Scheme. The scheme is intended to promote long-term sustainable development, align the interests of grantees and shareholders, and improve the company’s incentive mechanism by offering opportunities for directors, senior management, and employees to acquire shares.

According to the announcement, the H Share Award Scheme limit is expected to be a maximum of 12.01 million shares—representing no more than 10% of the total issued shares, excluding treasury shares, as of the scheme’s adoption date. The source of awarded shares will be newly allotted and issued H shares.

The proposal is subject to shareholders’ approval in a forthcoming extraordinary general meeting and the Stock Exchange of Hong Kong Limited’s listing approval. A circular containing further information on the H Share Award Scheme and authorization matters will be dispatched to shareholders in due course.