XZCE(SZ:002534) Zheng Quan Zhi Xing·2025-06-06 09:20Core Viewpoint - The announcement details the achievement of unlocking conditions for the second phase of the employee stock ownership plan of Xizi Clean Energy Equipment Manufacturing Co., Ltd., with 191 out of 213 holders meeting the criteria for unlocking their shares [1][4]. Group 1: Employee Stock Ownership Plan Overview - The second lock-up period of the employee stock ownership plan will end on June 1, 2025, with the unlocking conditions based on company performance and individual assessments [1][4]. - The plan was approved through a series of meetings, including the board meeting on April 27, 2023, and the shareholder meeting on May 15, 2023 [2][3]. Group 2: Performance Metrics - The company achieved a net profit of 439,787,631.55 yuan for 2024, representing a 125.39% increase compared to 2022, thus meeting the performance targets for the second unlocking phase [4][5]. - The unlocking ratio for the company-level performance was set at 100%, while individual performance assessments allowed 191 holders to unlock their shares fully [4][5]. Group 3: Future Arrangements and Trading Restrictions - Following the completion of the second lock-up period, the management committee will handle the subsequent unlocking and distribution of shares, adhering to market regulations [4][5]. - The employee stock ownership plan will comply with trading restrictions, prohibiting stock transactions during specific periods, such as before the announcement of semi-annual reports [4][5].