Yidu Tech Inc. — Director's Dealing 2021

Oct 3, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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Yidu Tech Inc. 醫渡科技有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2158)

GRANT OF SHARE AWARDS

The Board announces that on October 1, 2021, the Company granted a total of 321,500 Award Shares to 3 Grantees under the Post-IPO Share Award Scheme. This is the Company’s first Award grant under the Post-IPO Share Award Scheme.

Each of the Awards was granted, among other terms, for nil consideration, and gives the Grantee a conditional right, when the Award Shares vest, to obtain the corresponding Shares or, if in the absolute discretion of the Board or its delegate(s), it is not practicable for the Grantee to receive the Award in Shares, the cash equivalent from the sale of the Award Shares.

Each of the grant of Awards was to connected persons, details of which are as follows:

		Number of Award
Name of Grantee	Position	Shares granted
Ms. Yang Jing	Executive Director, president and chief financial	1,250
	officer
Dr. Yan Jun	Executive Director and chief technology officer	111,000
Ms. Zhang Shi	Executive Director, senior vice president (Big data	209,250
	platform and solutions) and head of government
	affairs

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The Awards will be satisfied with existing Shares held by the Trustee. The Trustee shall hold the Award Shares in trust for the Grantees, and shall transfer and release such Shares to the Grantees at no cost until and upon satisfaction of the relevant vesting conditions specified by the Board at the time of granting the Awards. Subject to the vesting conditions being met, the Award Shares will vest between April 1, 2022 to April 1, 2025. No new Shares will be issued to satisfy the Awards and the grant and vesting of the Award Shares are not subject to Shareholders’ approval.

Since the date of the grant was a public holiday in Hong Kong, the market price of the Shares on the date of grant was not available. The market price of the Shares on the trading day immediately preceding the date of grant was HK$25.85 per Share.

The Post-IPO Share Award Scheme does not constitute a share option scheme pursuant to Chapter 17 of the Listing Rules and is a discretionary scheme of the Company.

DEFINITIONS

In this announcement, unless the context otherwise requires, the following expressions shall have the following meanings:

“Award(s)”	award of Shares granted pursuant to the Post-IPO Share Award
	Scheme to selected participant(s)
“Award Share(s)”	the Shares granted to a selected participant in an Award
“Board”	the board of directors of the Company
“Company”	Yidu Tech Inc. (醫渡科技有限公司), a company with limited
	liability incorporated in the Cayman Islands on December 9, 2014,
	the Shares of which are listed on the Main Board of The Stock
	Exchange of Hong Kong Limited (Stock Code: 2158)
“Director(s)”	the director(s) of the Company
“HK$”	Hong Kong dollars, the lawful currency of Hong Kong
“Hong Kong”	the Hong Kong Special Administrative Region of the People’s
	Republic of China
“Listing Rules”	the Rules Governing the Listing of Securities on The Stock
	Exchange of Hong Kong Limited
“Post-IPO Share Award	the post-IPO share award scheme adopted by the Company on
Scheme”	December 28, 2020
“Grantee(s)”	participants selected and granted an Award pursuant to the Post-IPO
	Share Award Scheme

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“Share(s)”

ordinary share(s) in the share capital of the Company, currently with a par value of US$0.00002 each

“Shareholder(s)”

holder(s) of the Share(s)

“Trustee”

the trustee appointed by the Company for the administration of the Post-IPO Share Award Scheme

By order of the Board Yidu Tech Inc. Gong Yingying Chairlady and Executive Director

Hong Kong, October 3, 2021

As at the date of this announcement, the Board comprises Ms. Gong Yingying as Chairlady and Executive Director and Ms. Yang Jing, Dr. Yan Jun and Ms. Zhang Shi as Executive Directors, Mr. Zeng Ming as Non-executive Director, and Dr. Ma Wei-Ying, Ms. Pan Rongrong and Prof. Zhang Linqi as Independent Non-executive Directors.

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