THGW(SH:600365) Zheng Quan Zhi Xing·2025-06-25 17:22Core Viewpoint - The announcement details the third unlock period of the restricted stock incentive plan for Tonghua Grape Wine Co., Ltd., allowing 7,560,000 shares to be listed and circulated on July 2, 2025, following the fulfillment of specific performance conditions [1][6]. Group 1: Stock Incentive Plan Overview - The stock type for this listing is equity incentive shares, with a total of 7,560,000 shares to be listed [1]. - The stock subscription method is offline, and the listing date is set for July 2, 2025 [1]. - The 2022 restricted stock incentive plan has undergone necessary approval procedures, including independent opinions from the board and verification by the supervisory board [2][3]. Group 2: Unlock Conditions and Performance Metrics - The first grant of restricted stock was made on June 23, 2022, at a price of 2.27 yuan per share, totaling 25,400,000 shares for 22 recipients [6]. - The unlock conditions for the third period require that the company does not receive negative audit opinions and meets specific performance targets, including a revenue growth rate of at least 25% for 2024 [6][7]. - The performance assessment for the incentive objects is categorized into four levels: excellent, good, qualified, and unqualified, affecting their ability to unlock shares [8]. Group 3: Stock Unlocking and Share Structure Changes - A total of 21 incentive objects are eligible to unlock shares, representing 1.77% of the total share capital, with 7,560,000 shares to be released [6][8]. - Following the unlocking, the number of restricted shares will decrease to zero, while the number of unrestricted shares will increase to 427,280,000 [8]. - The legal opinion confirms that the company has fulfilled necessary approvals and authorizations in compliance with relevant laws and regulations [8].