JXFH(SZ:300213) Zheng Quan Zhi Xing·2025-05-12 13:09Core Points - The company has completed the second vesting period of its 2023 restricted stock incentive plan, with 646,096 shares allocated to 6 incentive recipients [1][10][16] - The shares will not be tradable for 3 months after the vesting registration is completed, and the company will apply for the lifting of restrictions after this period [2][6][21] - The incentive plan aims to motivate middle management and key technical/business personnel, with a total of 1,405,000 shares granted, representing 2.37% of the company's total equity [3][10][18] Summary by Sections Incentive Plan Overview - The 2023 restricted stock incentive plan is designed for middle management and key personnel, excluding independent directors and major shareholders [3][4] - The plan has a maximum duration of 39 months, with vesting conditions based on company performance [4][5] Vesting Conditions - The second vesting period allows for 50% of the granted shares to vest if the company meets specific performance targets, including a net profit growth of at least 30% in 2024 compared to 2022 [6][11][14] - The company has confirmed that it has not encountered any disqualifying events that would prevent the vesting of shares [11][12][13] Performance Assessment - The performance assessment includes both company-level and individual-level evaluations, with specific criteria for each [7][15] - A total of 12 recipients did not meet individual performance criteria, resulting in 620,000 shares being forfeited [19][20] Financial Impact - Following the vesting, the company's total share capital will increase from 593,718,564 shares to 594,364,660 shares, which may dilute earnings per share but will not significantly impact financial status or operational results [21][22] - The funds raised from the stock subscription will be used to supplement the company's working capital [20] Legal and Compliance - The company has adhered to all necessary approval processes for the incentive plan, including adjustments to the grant price and the forfeiture of unvested shares [22] - Legal opinions confirm that the plan's implementation complies with relevant regulations and internal governance [22]