EverProX(SZ:300548) Zheng Quan Zhi Xing·2025-06-09 13:20Core Viewpoint - The announcement details the first vesting results of the 2024 Restricted Stock Incentive Plan of Bochuang Technology Co., Ltd, indicating that 1,312,800 shares from repurchased stocks and 539,200 shares from newly issued stocks have vested, representing 0.64% of the company's total share capital before vesting [1][10]. Summary by Sections 2024 Incentive Plan Overview - The 2024 Restricted Stock Incentive Plan was approved by the board and includes a total of 1,200,000 shares, with 580,000 shares reserved for future grants [1][2]. - The plan targets directors, senior management, and key technical/business personnel, excluding independent directors and major shareholders [1]. Vesting Arrangement - The vesting schedule includes two periods: the first vesting period after 12 months with a 50% vesting rate, and the second after 24 months with another 50% [2]. - The reserved shares also follow a similar vesting structure [2]. Approval Process - The plan underwent necessary approvals, including legal opinions from a law firm, and was publicly disclosed without objections during the public notice period [3][4]. Vesting Conditions - The board confirmed that the vesting conditions for the first vesting period have been met, allowing for the distribution of shares to eligible participants [5][10]. - A total of 86 participants met the vesting conditions, while 2 participants had their shares canceled due to leaving the company [7][10]. Specifics of the Vesting - The shares vested on May 8, 2024, with a total of 539,200 shares allocated to 8 individuals at a price of 13.21 yuan per share [10][11]. - The total funds raised from this vesting amount to approximately 7.12 million yuan, which will be used to supplement the company's working capital [12][13]. Impact on Share Structure - Following the vesting, the total number of shares will increase from 290,502,628 to 291,041,828, with no significant impact on the company's control or financial condition [15][17]. - The newly vested shares will not have a lock-up period, but there are restrictions on transfer for directors and senior management [16][17]. Legal Opinions - Legal counsel confirmed that the vesting conditions were met and that the plan complies with relevant laws and regulations [17].