Huaqin Technology (603296) 上海证券报·2025-05-06 19:35Core Viewpoint - The announcement details the first unlock period of the 2023 restricted stock incentive plan for Huqin Technology, allowing 954,107 shares to be listed and traded starting May 12, 2025, following the fulfillment of specific conditions [1][5][10]. Group 1: Incentive Plan Approval and Implementation - The board of directors approved the 2023 restricted stock incentive plan on December 12, 2023, with independent directors providing opinions and the supervisory board verifying the plan [1][2]. - The company publicly disclosed the list of incentive recipients from December 19 to December 28, 2023, with no objections raised during the public notice period [2][3]. - The first extraordinary general meeting of shareholders in 2024 approved the incentive plan and related matters on January 5, 2024 [2][3]. Group 2: Unlock Conditions and Achievements - The first unlock period for the incentive plan is defined as the period from 12 months after the grant registration completion until the last trading day within 24 months [5]. - Out of 132 current incentive recipients, 125 have met the conditions for the first unlock period [6]. Group 3: Stock Listing and Trading Arrangements - The total number of shares eligible for unlock is 954,107, representing approximately 0.094% of the company's total share capital [7]. - The shares will be available for trading starting May 12, 2025, with specific transfer restrictions for directors and senior management during their tenure and for six months post-departure [7][8]. Group 4: Legal Compliance - The legal opinion confirms that the company has obtained necessary approvals and met the conditions for the unlock, complying with relevant regulations [9].