Yonggui(SZ:300351) Zheng Quan Shi Bao Wang·2024-10-24 18:01Core Viewpoint - The company has announced the completion of the second vesting period for its 2022 restricted stock incentive plan, with 1,015,106 shares to be distributed to 170 individuals, effective October 29, 2024 [1][11]. Summary by Sections Incentive Plan Overview - The 2022 restricted stock incentive plan was approved on October 18, 2022, with a total of 5.8 million shares allocated, representing 1.51% of the company's total share capital at the time [1][7]. - The plan includes two categories of restricted stock: Category One and Category Two, with 5.3 million shares initially granted and 500,000 shares reserved [1][2]. Stock Grant Details - The grant price for both categories of restricted stock is set at 6.95 CNY per share [3]. - The first category includes 1.695 million shares, with 1.545 million shares initially granted and 150,000 shares reserved [2]. - The second category includes 4.105 million shares, with 3.755 million shares initially granted and 350,000 shares reserved [2]. Vesting and Performance Conditions - The first category of restricted stock will vest in three phases after 12 months, with 40%, 30%, and 30% released respectively [5]. - The second category will also vest in three phases after 12 months, with the same percentage distribution [5]. - Performance targets for the incentive plan are based on the annual revenue of the subsidiary, Sichuan Yonggui Technology Co., Ltd., from 2022 to 2025 [5]. Approval and Compliance - The plan has undergone necessary approvals, including board meetings and shareholder meetings, with independent opinions confirming compliance with regulations [7][12]. - The company has completed the registration of shares for the second vesting period, with a total of 1,015,106 shares to be listed on October 29, 2024 [11]. Financial Impact - Following the vesting, the total share capital will increase from 386,902,011 shares to 387,917,117 shares, with no significant impact on the company's financial status or earnings per share [11].