Youngsun Intelligent(SH:603901) Zheng Quan Zhi Xing·2025-05-12 12:08Core Points - The company has announced the third unlocking of restricted stock under its 2021 stock incentive plan, with 502,500 shares set to be listed for trading on May 16, 2025 [1][13][15] - The stock incentive plan was approved by the board and relevant committees, ensuring compliance with legal and regulatory requirements [14][15] Summary by Sections Stock Incentive Plan Implementation - The stock incentive plan was approved during the first extraordinary general meeting in 2021, allowing the board to determine the grant date and manage related matters [2][3] - The plan involved granting restricted stock to 137 eligible participants at a price of 4.86 CNY per share [3][6] Unlocking Conditions and Achievements - The third unlocking period has been achieved as the performance targets set in the incentive plan were met, allowing 125 eligible participants to unlock 502,500 shares [6][7][10] - The unlocking conditions included company performance metrics, with 2023 revenue reported at 3.146 billion CNY, reflecting a growth rate of over 40% compared to 2020 [9][10] Stock Listing and Share Structure Changes - The shares unlocked will be available for trading starting May 16, 2025, impacting the company's share structure [13] - The total number of unrestricted shares will increase to 484,344,106, while restricted shares will decrease to 3,327,675 following this unlocking [13] Compliance and Verification - The remuneration and assessment committee confirmed that the unlocking conditions were satisfied and that the eligible participants' performance evaluations were valid [14][15] - The supervisory board also verified the eligibility of participants and compliance with the incentive plan's regulations [15]