江西联创光电控股子公司厦门华联电子回购股份用于员工股权激励及签署一致行动协议公告

联创光电公告：控股子公司回购股份用于股权激励及签署一致行动协议

江西联创光电科技股份有限公司（联创光电，600363）于2026年3月17日发布公告，披露控股子公司厦门华联电子股份有限公司（华联电子）将回购联创光电所持部分股份，用于员工股权激励，并签署《一致行动协议》。这是一次重大的公司治理及激励机制变革，具体内容如下：

一、关键交易概述

回购股份及金额：华联电子拟以自有或自筹资金16,699.10万元回购联创光电所持的2,585万股（占华联电子总股本19.9938%），专项用于员工股权激励。
激励对象：涵盖华联电子技术、研发、销售、生产、质量、管理条线副总监及更前沿高端应用领域的高级经理核心骨干人员，不包括联创光电及控股股东电子集团的董事、监事及高管。
分批授予：回购股份将分三批授予两家员工持股平台（华轩投资、华炬投资），全部授予将于2026年6月30日前完成。
表决权及控制权：联创光电与华智投资签署《一致行动协议》，确保回购后仍实际控制华联电子50%以上表决权，并提名华联电子董事会7名董事中的5名，保持控股地位。

二、股权结构变动

交易完成后：联创光电持股降至3,881万股（47.68%），但通过《一致行动协议》，实际表决权维持在51.45%，继续并表。
员工激励股份：回购股份依序授予华轩投资（首批1,292.5万股）、华炬投资（第二批800万股及第三批492.5万股）。
减资注销：联发集团、黎洪、胡晓华及部分自然人等股东所持股份将被回购注销，华联电子总股本将由1.29亿股降至8139.7万股，股权结构大幅优化。

三、交易价格与定价合理性

回购价格：每股6.46元，为华联电子此前回购联发集团股份价格的90%，总价16,699.10万元。账面成本为19,608.37万元，回购价格较账面值折价约14.84%。
员工授予价格：激励股份的实际授予价格为3.23元/股，仅为回购价格的50%，极具吸引力，旨在激发员工创业热情和转型动力。

四、支付安排与合同条款

分期付款：首期1,500万元于协议生效后3个工作日内支付；第二期6,849.55万元于2026年6月30日前支付；第三期8,349.55万元于2026年12月31日前支付。
违约责任：未履约方需承担继续履行、补救、支付违约金及赔偿损失，还需承担诉讼、律师、公证、差旅等合理费用。
工商变更登记：回购股份用于员工激励，联创光电需配合华联电子完成工商变更。

五、财务影响与风险提示

资金流动：华联电子货币资金余额约4.6亿元，资产负债率52.05%，具备充足支付能力；联创光电将获得16,699.10万元现金，增加资金储备。
业绩与考核：股权激励业绩考核目标明确，要求2026年净利润较2024年增长10%，2027年增长15%，未达标将回购注销股份。
风险：员工参与意愿不足或转型进展不及预期，可能导致激励方案慢或失败，业绩考核目标未实现则股份回购注销。

六、股权激励方案细节

激励范围：副总监及更高端应用领域核心人员，不含公司及控股股东高管。
有效期：最长不超过36个月，自首次授予登记完成起算。
解锁条件：分两期，每期业绩及个人绩效考核达标后解锁50%；绩效未达标则部分股份或全部股份被回购注销。
业绩考核指标：以净利润为核心，激励对象需绩效评为称职及以上才能全额行权，否则部分股份回购注销。

七、一致行动协议详情

协议主体：联创光电与华智投资。
主要内容：股东会及董事会表决事项协商一致；无法达成一致时以联创光电意见为准；协议有效期三年，自动延期。
保障控股地位：即使部分股份授予员工平台，联创光电通过协议保持控股权。

八、对股东及股价的影响

本次交易通过股份回购、股权激励和一致行动协议，强化华联电子转型升级动力，优化股权结构，增强核心团队凝聚力，有望提升经营业绩和企业价值。
联创光电获得大量现金，有助于资金周转和后续投资。
员工激励价格大幅优惠，若方案顺利实施，将推动业绩增长，利好公司长期发展。
若激励目标未达成或员工参与不足，存在方案失败与股份回购风险，需密切关注。
上述事项均为公司重大治理及资本运作事件，属价格敏感信息，有可能影响未来股价。

免责声明

本文章仅为信息披露解读，不构成投资建议。投资者请关注公司后续公告及实施进度，审慎投资。

English Version

Lianchuang Optoelectronics: Subsidiary Share Buyback for Incentive Plan & Concerted Action Agreement Signed

Jiangxi Lianchuang Optoelectronics Technology Co., Ltd. (Lianchuang Optoelectronics, 600363) announced on March 17, 2026, that its controlling subsidiary, Xiamen Hualian Electronics Co., Ltd. (Hualian Electronics), will buy back shares held by Lianchuang for employee equity incentive purposes and has signed a Concerted Action Agreement. This represents a major change in corporate governance and incentive mechanisms. Key details are as follows:

1. Key Transaction Summary

Share Buyback & Amount: Hualian Electronics will use its own or raised funds totaling RMB 166.99 million to buy back 25.85 million shares held by Lianchuang (19.9938% of Hualian’s total shares), specifically for employee equity incentives.
Incentive Targets: Covers vice-director level and above managers in technology, R&D, sales, production, quality, and management lines, as well as senior managers in advanced application sectors. Excludes directors, supervisors, and senior management of Lianchuang or its controlling shareholder.
Staged Granting: Buyback shares will be granted in three batches to two employee shareholding platforms (Huaxuan Investment, Huaju Investment), to be fully granted by June 30, 2026.
Voting Power & Control: Lianchuang signed a Concerted Action Agreement with Huazhi Investment, ensuring it retains over 50% voting rights and nominates 5 out of 7 board directors, maintaining control over Hualian Electronics.

2. Changes in Shareholding Structure

After Transaction: Lianchuang’s shareholding drops to 38.81 million shares (47.68%), but maintains 51.45% voting rights via agreement, keeping consolidated control.
Employee Incentive Shares: Buyback shares are granted in stages to Huaxuan Investment (first batch: 12.925 million shares), Huaju Investment (second batch: 8 million shares, third batch: 4.925 million shares).
Capital Reduction & Cancellation: Shares held by Lianfa Group, Li Hong, Hu Xiaohua, and some individuals will be repurchased and cancelled, reducing total share capital from 129.29 million to 81.39 million shares, significantly optimizing structure.

3. Transaction Pricing & Reasonableness

Buyback Price: RMB 6.46/share, 90% of the previous buyback price from Lianfa Group, total RMB 166.99 million. Book value is RMB 196.08 million, representing a discount of ~14.84%.
Employee Grant Price: Incentive shares granted at RMB 3.23/share, only 50% of buyback price, highly attractive to stimulate entrepreneurial drive and transformation.

4. Payment Terms & Contract Highlights

Installment Payment: First RMB 15 million within 3 working days after agreement; second RMB 68.4955 million by June 30, 2026; third RMB 83.4955 million by December 31, 2026.
Breach Liability: Defaulting party liable for performance, remedies, damages, and all reasonable costs including litigation, legal, notary, and travel fees.
Business Registration: Lianchuang must cooperate with Hualian for registration changes related to buyback shares used for employee incentives.

5. Financial Impact & Risk Warning

Cash Flow: Hualian’s cash balance ~RMB 460 million, debt ratio 52.05%, sufficient funds; Lianchuang to receive RMB 166.99 million, boosting reserves.
Performance Target: Incentive plan requires Hualian’s net profit (after non-recurring items) to grow by at least 10% in 2026 and 15% in 2027 over 2024. If targets not met, incentive shares will be bought back and cancelled.
Risks: Insufficient employee participation or slow product transformation may impede the incentive plan; failure to meet performance targets will result in share buyback and cancellation.

6. Incentive Plan Details

Target Range: Vice-director and above managers in core lines; excludes company and controlling shareholder senior management.
Validity Period: Up to 36 months from first grant registration.
Unlock Conditions: Two phases, each unlocks 50% after performance and personal assessment; failure results in partial or full share repurchase and cancellation.
Performance Indicators: Based on net profit; only those rated “competent” or above get full entitlements, otherwise partial or no entitlement.

7. Concerted Action Agreement Details

Parties: Lianchuang and Huazhi Investment.
Key Terms: Voting matters on shareholder and board meetings to be agreed; if not, Lianchuang’s opinion prevails; validity 3 years, automatic renewal.
Control Assurance: Lianchuang retains controlling rights even after equity grants to employee platforms.

8. Impact on Shareholders & Share Price

This transaction enhances Hualian’s transformation, optimizes structure, and boosts core team incentives—potentially supporting performance and value.
Lianchuang receives significant cash, improving liquidity and investment flexibility.
Employee grant price is highly favorable; if successfully implemented, could drive performance improvement, benefiting long-term shareholders.
Risks include failed employee participation or unmet targets, resulting in share repurchase and cancellation—investors should monitor closely.
All these constitute material events and price-sensitive information, likely to affect future share prices.

Disclaimer

This article is for information disclosure interpretation only and does not constitute investment advice. Investors should monitor subsequent company announcements and progress, and invest prudently.