Snowsky Salt(SH:600929) Zheng Quan Zhi Xing·2025-06-24 17:13Core Viewpoint - The announcement details the third unlock period for the restricted stock incentive plan of Xue Tian Salt Industry Group Co., Ltd, with 2,915,100 shares set to be released for trading on June 30, 2025 [1][9]. Summary by Sections Important Content Highlights - The stock type is equity incentive shares, with a total of 2,915,100 shares to be listed for trading [1]. - The listing date for the stock is June 30, 2025 [1]. Implementation of the 2021 Restricted Stock Incentive Plan - The plan was approved by the third board of directors and the supervisory board, with independent directors expressing clear agreement [2][3]. - The plan's implementation has been disclosed according to relevant regulations [2]. Historical Grant and Unlock Conditions - The first grant occurred on May 11, 2021, at a price of 2.60 yuan per share, totaling 14.12 million shares for 89 individuals [4]. - The third unlock period is set to begin on June 28, 2025, with 30% of the initially granted shares eligible for release [5][6]. Conditions for Unlocking Shares - The company has not faced any disqualifying events, such as negative audit opinions or violations of profit distribution commitments [6][7]. - The performance targets for 2023 include a compound annual growth rate of at least 10% in revenue compared to 2019, with specific financial metrics outlined [8]. Stock Structure Changes Post-Unlock - After the unlock, the number of restricted shares will decrease from 4,001,252 to 1,086,152, while unrestricted shares will increase by 2,915,100 [9]. - The total share count remains at 1,640,711,650 post-unlock [9]. Legal Compliance - The unlocking of shares meets the conditions set forth in the incentive plan and complies with relevant laws and regulations [10].