Autowell(SH:688516) Zheng Quan Zhi Xing·2025-05-20 11:35Core Viewpoint - The announcement details the results of the third vesting period of the 2022 Restricted Stock Incentive Plan of Wuxi Autowei Technology Co., Ltd, including the number of shares to be listed and the decision-making process behind the vesting [1][10]. Summary by Sections Important Content Highlights - The total number of shares listed for trading is 585,434, with the listing date set for May 26, 2025 [1]. - The shares are part of the equity incentive plan, and the subscription method is offline [1]. Decision-Making Process and Disclosure - The board of directors approved the incentive plan on February 22, 2022, and independent directors provided their opinions on the related proposals [2]. - The supervisory board also reviewed and verified the incentive plan and its implementation [2][3]. - Public announcements regarding the incentive plan were made on February 24, 2022, and the first extraordinary shareholders' meeting was held on March 14, 2022, to approve the plan [3][4]. Basic Information on Stock Vesting - A total of 405 individuals are eligible for the stock vesting, with 585,434 shares being vested [10]. - The shares are sourced from the company's directed issuance of A-shares to the incentive objects [10]. Listing and Trading Arrangements - The shares will be available for trading starting May 26, 2025, and the total number of shares listed is 585,434 [10]. - Restrictions on the transfer of shares for directors and senior management are outlined, including limits on annual transfers and conditions for selling shares within specified timeframes [11]. Capital Changes - The total share capital will increase from 315,052,422 shares to 315,637,856 shares due to this vesting [11]. - The company has completed the registration procedures for the shares, and a verification report was issued confirming the contributions from the incentive objects [12]. Financial Impact - For the first quarter of 2025, the company reported a net profit attributable to shareholders of 141,237,504.06 yuan, with a basic earnings per share of 0.45 yuan. The vesting will dilute the earnings per share based on the new total share capital [12].