岳阳兴长: 关于2022年限制性股票激励计划首次授予第二个解除限售期及预留授予第一个解除限售期解除限售条件成就的公告

Core Viewpoint - The announcement details the achievement of conditions for the second unlock period of the 2022 restricted stock incentive plan and the first unlock period for reserved grants, allowing a total of 2.6133 million shares to be unlocked for 123 eligible participants, representing 0.71% of the company's total share capital [1][2][19]. Summary by Sections Incentive Plan Overview - The 2022 restricted stock incentive plan allows for the granting of up to 8.96875 million shares, with 7.175 million shares granted initially and 1.79375 million shares reserved. The shares are sourced from a directed issuance of A-shares [2][3]. Unlock Conditions - For the second unlock period, which begins on July 21, 2025, the shares must meet specific conditions, including no negative audit opinions in the last fiscal year and compliance with relevant regulations [6][11]. - The first unlock period for reserved grants will begin on July 1, 2025, with similar conditions required for unlocking [11][12]. Eligible Participants and Shares - A total of 123 participants are eligible for unlocking, with 212.55 million shares from the initial grant and 48.78 million shares from the reserved grant [1][2][19]. - The unlocking of shares is contingent upon the completion of necessary procedures by relevant institutions [1][18]. Performance Assessment - The performance assessment for unlocking shares includes company-level targets such as a revenue growth rate of 95.79% by 2024 and a weighted average return on equity of at least 9.27% [10][15]. - Individual performance assessments categorize participants into four levels (A, B, C, D), determining the percentage of shares that can be unlocked based on their performance [17][19]. Compliance and Governance - The plan adheres to various regulations, including the Management Measures for Equity Incentives of Listed Companies and guidelines for state-owned enterprises [2][19]. - The company has ensured that no conditions that would prevent the unlocking of shares have occurred, maintaining compliance with governance standards [19][20].