Ruijie Networks Plans to Grant 11.13 Million Restricted Shares to 685 Incentive Recipients

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Ruijie Networks announced on September 29 that its 2026 restricted stock incentive plan proposes to grant 11.13 million restricted shares, accounting for approximately 1% of the company's total share capital of 1.114 billion shares. The grant price under the plan is 52.27 yuan per share, and the incentive recipients total 685 people, mainly comprising research and development technical personnel and core backbones. The validity period of this incentive plan runs from the grant date until all restricted shares granted to the incentive recipients have vested or become void and invalid, not exceeding 60 months. The shares for incentive recipients will vest in three phases after 24 months from the grant date, at 30%, 30%, and 40% respectively. In the first half of 2026, Ruijie Networks achieved revenue of 8.832 billion yuan and net profit attributable to the parent company of 694 million yuan.

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Ruijie Networks proposes granting 11.13 million restricted shares to 685 incentive recipients, an equity incentive/compensation event.