FII(SH:601138) Zheng Quan Zhi Xing·2025-06-10 09:18Core Viewpoint - The announcement details the completion of the second lock-up period for the employee stock ownership plan of Foxconn Industrial Internet Co., Ltd., and confirms that the performance assessment criteria for unlocking shares have been met [1][9]. Summary by Sections Employee Stock Ownership Plan - The employee stock ownership plan was approved in meetings held on June 1, 2022, and June 23, 2022, with specific regulations outlined for its management [2][3]. - The second lock-up period will end on June 9, 2025, and the performance assessment criteria have been achieved [3][9]. Shareholding and Lock-up Period - As of September 21, 2022, the company repurchased 125,977,669 shares, representing approximately 0.63% of the total share capital [4]. - The shares held in the repurchase account were transferred to the employee stock ownership plan account on June 9, 2023, accounting for 0.6341% of the total share capital at that time [4]. Performance Assessment - The performance assessment for the second unlocking period requires the net profit for 2023 to be no less than the average of the previous three fiscal years [6]. - The net profit for 2023 was reported at RMB 21.018 billion, a 9.59% increase from the average net profit of RMB 19.179 billion for the previous three years [7]. Unlocking Proportions - The unlocking proportion for the second lock-up period is set at 26.01%, corresponding to 46,623,942 shares, which is 0.23% of the total share capital [5][9]. - The unlocking process will be managed by the committee, which has the authority to adjust the assessment period and corresponding equity ratios [5][8]. Committee Opinions - The Board of Directors' Compensation and Assessment Committee confirmed that the conditions for unlocking the second lock-up period have been met according to relevant regulations [8]. - The Supervisory Committee also affirmed that the unlocking conditions for the second lock-up period have been satisfied [9].