海信视像科技股份有限公司关于2024年员工持股计划第一个锁定期即将届满暨解锁条件成就的公告

Core Viewpoint - The announcement details the upcoming expiration of the first lock-up period for Hisense Visual Technology Co., Ltd.'s 2024 employee stock ownership plan, confirming that the conditions for unlocking shares have been met [1][10]. Summary by Sections Employee Stock Ownership Plan Approval and Implementation - The employee stock ownership plan was approved on March 11, 2024, allowing for the acquisition of up to 29.0938 million shares, representing 2.23% of the company's total share capital [1][2]. - The first temporary stock transfer was completed on May 8, 2024, with 11,596,000 shares transferred to the plan's account [2]. - By June 27, 2024, a total of 26,684,081 shares had been transferred, accounting for 2.04% of the total share capital [2]. Unlocking Conditions and Performance Assessment - The first lock-up period will end on June 27, 2025, with 9,860,272 shares eligible for unlocking based on performance assessments [3][10]. - The plan's duration is 48 months, with shares unlocking in three phases based on performance metrics [4][5]. - The company's net profit for the 2024 fiscal year was reported at approximately 2.365 billion yuan, a 39% increase from 2022, meeting the performance target for the first lock-up period [6]. Individual Performance Evaluation - Individual performance assessments determine the unlocking ratio, with 374 participants achieving performance grades of S/A/B, allowing for a 100% unlocking ratio [8]. - Participants with a grade of C will have a 70% unlocking ratio, while those with a grade of D will not unlock any shares [7][8]. Post-Lock-Up Period Arrangements - After the first lock-up period, the management committee will either sell the unlocked shares or transfer them to individual accounts for personal management [9]. - The plan will adhere to market trading rules and relevant regulations from the China Securities Regulatory Commission and the Shanghai Stock Exchange [9]. Board and Supervisory Committee Approval - The board and supervisory committee approved the unlocking conditions and performance results on June 25, 2025, confirming compliance with the plan's regulations [10][21].