On November 27, GeLongHui announced that on November 27, 2024, Yidu Technology (02158.HK) issued a total of 3.56 million incentive shares to 55 incentive grantees through the issuance of new shares under the first public offering of shares reward plan, accounting for approximately 0.34% of the total issued shares as of the date of this announcement (excluding treasury shares), but the incentive grantees must accept them before they can take effect.

The first public offering of shares reward plan aims to provide selected participants with the opportunity to acquire ownership interests in the company, in order to encourage them to work actively for the overall interests of the company and shareholders, and to increase the value of the company and its shares. Through the first public offering of shares reward plan, the company can retain, motivate, reward, thank, compensate eligible individuals or provide benefits to them in a flexible manner. The board of directors believes that these rewards will ensure the company's long-term interests and motivate the incentive grantees to contribute to the company's development.