WUTOS(SZ:300557) Zheng Quan Zhi Xing·2025-06-10 12:47Core Viewpoint - The announcement details the achievement of conditions for the second unlock period of the initial grant of the 2021 restricted stock incentive plan and the first unlock period of the reserved grant, allowing 60 eligible participants to unlock a total of 890,295 shares, representing approximately 0.74% of the company's total share capital [1][24][27]. Summary by Sections Incentive Plan Overview - The 2021 restricted stock incentive plan includes senior management and key personnel, with a total of 15 reserved incentive participants [1]. - The plan's effective period lasts until all granted restricted stocks are unlocked or repurchased, not exceeding 72 months [4]. Unlock Conditions - The second unlock period for the initial grant is set to expire on June 19, 2025, while the first unlock period for the reserved grant will expire on June 12, 2025 [14][20]. - The conditions for unlocking include the absence of negative audit opinions and the fulfillment of performance targets [15][21]. Performance Assessment - The performance targets for the unlock periods include a compound annual growth rate of net profit of no less than 45% from 2020 to 2024, with specific return on equity and economic value added requirements [9][22]. - The company achieved a net profit of 23,086,729.40 yuan in 2023, with a compound growth rate of 77.33% compared to 2020, exceeding industry averages [17][22]. Unlock Details - For the initial grant, 47 participants can unlock 738,203 shares, while 13 participants from the reserved grant can unlock 152,092 shares [24][26]. - The total number of shares eligible for unlocking is 890,295, with specific allocations detailed for each participant [24][25]. Approval and Compliance - The board and supervisory committee have verified that the conditions for unlocking have been met and approved the unlocking process [27]. - Legal and independent financial advisors have confirmed that the unlocking complies with relevant regulations and the incentive plan [27][28].