KEBODA(SH:603786) Zheng Quan Zhi Xing·2025-06-25 16:36Core Viewpoint - The supervisory board of Kebo Technology Co., Ltd. has confirmed that the conditions for the third unlock period of the 2022 restricted stock incentive plan have been met, allowing for the release of restrictions on 1,468,600 shares for 375 eligible participants [1][7]. Summary by Relevant Sections Unlock Schedule - The unlock schedule for the restricted stock incentive plan is as follows: - First unlock period: 30% after 12 months from the grant date - Second unlock period: 30% after 24 months from the grant date - Third unlock period: 40% after 36 months from the grant date - The third unlock period is from July 5, 2022, to July 4, 2025 [1]. Conditions for Unlocking - The conditions for unlocking the restricted stock include: - No negative or qualified audit opinions on the financial report for the last fiscal year [2]. - No inappropriate selection by the securities exchange in the last 12 months [4]. - No major violations leading to administrative penalties by the China Securities Regulatory Commission (CSRC) in the last 12 months [3][4]. - The performance assessment for unlocking is based on revenue and net profit growth rates [5]. Performance Targets - The performance targets for the third unlock period are set as follows: - Revenue target: 5,967,908,784.06 yuan - Net profit target: 731,098,683.00 yuan - The growth rates required for unlocking are: - Revenue growth rate (A) ≥ 112.65% - Net profit growth rate (B) ≥ 115.52% - If both targets are met, the unlocking ratio will be 100% [5]. Individual Performance Assessment - Individual performance assessments will determine the unlocking ratio based on a grading system from A to D, with grades B and above allowing for a 100% unlocking ratio [5][6]. - If the individual does not meet the performance criteria, the company will repurchase the restricted stocks at the grant price plus bank interest [7]. Final Approval - The supervisory board has concluded that the conditions for the third unlock period have been satisfied and has approved the release of restrictions for the eligible participants [7][8].