lolo(SZ:000848) Zheng Quan Zhi Xing·2025-05-13 10:56Core Points - The first unlock period of the 2024 Restricted Stock Incentive Plan has been achieved, allowing 4 eligible participants to unlock a total of 3.456 million shares, which accounts for 0.33% of the company's total share capital [1][9][10] Summary by Sections Incentive Plan Approval Process - The board of directors and the supervisory board approved the draft of the 2024 Restricted Stock Incentive Plan on March 14, 2024 [1] - The company conducted an internal announcement regarding the incentive plan from March 16 to March 25, 2024, with no objections received [2] - The shareholders' meeting on April 2, 2024, approved the incentive plan and related management measures [2] - The board meeting on April 15, 2024, confirmed that the conditions for granting the restricted stock had been met, with the grant date set for April 17, 2024 [2] Unlock Conditions Achievement - The first unlock period for the restricted stock is defined as the first trading day after 12 months from the grant date until the last trading day within 24 months from the grant date, allowing for 30% of the total granted shares to be unlocked [3] - The first unlock period ended on April 16, 2025, and the conditions for unlocking were confirmed to be met [3][4] Financial and Compliance Conditions - The company did not experience any negative audit opinions or violations of profit distribution regulations in the last fiscal year, thus meeting the unlock conditions [4][5] - The company has not been recognized as an inappropriate candidate by regulatory bodies in the last 12 months, fulfilling the necessary compliance requirements [5] Performance Metrics for Unlocking - The performance metrics for unlocking shares are based on the company's annual revenue and net profit, with specific target values set for each year [6][7] - The company achieved a revenue of 3.287 billion yuan and a net profit of 674 million yuan for the year 2024, meeting the required performance thresholds [6][7] Individual Performance Assessment - Individual performance assessments for the eligible participants are categorized into four levels (A, B, C, D), with corresponding unlocking ratios based on performance scores [8] - The total number of shares that can be unlocked for each participant is calculated based on company-level and individual-level performance metrics [8] Share Structure Changes - Following the unlocking of shares, the company's total share capital remains at 1,052,554,074 shares, with the newly unlocked shares being 3.456 million [9][10] - The share structure before and after the unlocking indicates no significant changes in the overall capital distribution [10] Legal and Compliance Documentation - The company has prepared legal opinions and independent financial advisory reports to support the compliance of the unlocking process [10]