SIGENERGY (06656.HK): Proposes 2026 H-Share Incentive Plan of Up to 24.88m Shares

NewTimeSpace News: On 29 October 2026, Sigenergy Technology Co., Ltd. (stock code: 6656) announced that its board resolved on 29 October 2026 to propose the adoption of a 2026 H-share incentive plan, to be tabled at an extraordinary general meeting on 17 November 2026.

Under Chapter 17 of the Listing Rules, the plan constitutes a share scheme involving the issue of new H shares and requires shareholder approval. The total number of new shares that may be issued and allotted under the plan may not exceed 24,883,293 H shares, about 10% of the issued shares (excluding treasury shares) on the adoption date, of which no more than 2,488,329 shares, about 1%, may be issued to service provider participants.

Awards may be satisfied by new H shares allotted and issued by the Company, existing H shares purchased or acquired by the trustee on or off market, existing H shares transferred to the trustee by shareholders, and existing shares held by Jiaxing Guling and Jiaxing Ouji through the employee incentive platform held by Mr Xu. Adoption requires a special resolution at the EGM and Listing Committee approval for the listing and trading of the shares.