Hiconics(SZ:300048) Zheng Quan Zhi Xing·2025-05-16 11:30Core Viewpoint - The independent financial advisor report by Shanghai Xingu Yihe Enterprise Management Consulting Co., Ltd. confirms that the fourth vesting period of the 2020 Restricted Stock Incentive Plan for Beijing Hekang New Energy Technology Co., Ltd. has met the vesting conditions [1][14]. Group 1: Incentive Plan Overview - The report serves as an independent financial advisory opinion regarding the first grant of the fourth vesting period of the 2020 Restricted Stock Incentive Plan [1][2]. - The incentive plan involves granting restricted stocks to eligible participants, including directors and senior management, based on specific performance and tenure conditions [4][14]. Group 2: Approval Process - The approval process for the incentive plan included multiple board meetings and shareholder approvals, with the first grant date set for January 11, 2021 [6][8]. - The board and supervisory committee verified the list of participants eligible for the incentive plan and confirmed compliance with the necessary regulations [7][10]. Group 3: Vesting Conditions - The fourth vesting period is defined as the period from the first grant date plus 52 months to the last trading day within 64 months [14]. - The company has confirmed that no adverse audit opinions or violations occurred, and the performance targets were met, allowing for the vesting of stocks [15][17]. Group 4: Performance Metrics - The performance metrics for the incentive plan include annual revenue growth targets, with specific percentage increases required for each vesting period [16][17]. - For the fourth vesting period, the company achieved a revenue of approximately 4.78 billion yuan in 2024, reflecting a significant increase compared to previous years [17]. Group 5: Vesting Details - A total of 1,787,500 shares will vest for 18 participants at a grant price of 4.15 yuan per share [18]. - The vesting represents 25% of the total restricted stocks previously granted to the participants [18].