Minami(SZ:301383) Zheng Quan Zhi Xing·2025-06-24 18:29Core Viewpoint - The announcement details the first unlock period for the restricted stock incentive plan of Tianjian Electric Sound Co., Ltd, indicating that 33,600 shares will be released for trading on June 27, 2025, for four eligible recipients [1][4][14]. Summary by Sections Incentive Plan Overview - The first unlock period for the restricted stock is set from June 19, 2025, to June 18, 2026, with a total of 40% of the granted restricted stock eligible for release [5][6]. - The total number of restricted stocks granted under the incentive plan has been adjusted from 1.85 million shares to 1.212 million shares due to changes in eligible recipients [9][11]. Approval Process - The company has followed the necessary approval procedures, including board meetings and shareholder meetings, to implement the incentive plan [2][3][4]. - The independent directors and supervisory board have provided their opinions and confirmations regarding the plan [2][4]. Performance Conditions - The performance targets for the unlock periods are set as follows: - 2024: Revenue not less than 2.227 billion yuan - 2025: Revenue not less than 2.2 billion yuan - 2026: Revenue not less than 2.5 billion yuan [7][8]. - The individual performance evaluation will determine the unlock ratio for each recipient based on their performance scores [8]. Stock Structure Changes - Following the release of the restricted stock, the total share capital of the company remains at 163,273,200 shares, with the newly unlocked shares accounting for 0.0206% of the total [14].