Mountains beyond mountains: Due to the failure to meet performance standards, it is planned to repurchase and cancel 1.715 million shares of employee stock ownership plan shares.

Shanwai Mountain announced that due to the company's performance at the corporate level not meeting the target for the 2024 employee stock ownership plan, the unlocking conditions have not been met. The company plans to repurchase and cancel 1.715 million shares of stock that were not unlocked under the plan. In 2024, the company's revenue was 567 million yuan, with a net profit of 69 million yuan, falling short of the target. The repurchase of shares is expected to be completed and cancelled on November 17, 2025. After the cancellation, the total share capital of the company will decrease from 321,315,646 shares to 319,600,622 shares, and the shareholding proportion of major shareholders Da Jiankang and its concerted action person Liuyuanjian will increase passively from 8.97% to 9.01%.