Avary Holding(SZ:002938) Zheng Quan Zhi Xing·2025-07-03 16:15Core Viewpoint - The company has announced the completion of the fourth unlock period for its 2021 restricted stock incentive plan, allowing 133,680 shares to be listed for trading, which represents 0.0577% of the total share capital [1][12][21] Group 1: Incentive Plan Details - The company held board meetings to approve the conditions for the fourth unlock period of the 2021 restricted stock incentive plan [2][10] - The total number of shares granted under the incentive plan was adjusted to 10,085,000 shares for 287 incentive targets, with the grant price adjusted from 16.94 yuan to 16.44 yuan per share [4][5] - The fourth unlock period's conditions were partially met, allowing for the release of shares for eligible incentive targets [10][17] Group 2: Unlock Conditions and Performance Metrics - The unlock conditions included no negative audit opinions on the financial reports and no violations of profit distribution regulations [12][13] - The performance target for the unlock period was set at a minimum revenue of 40.3 billion yuan for 2024, with a corresponding unlock ratio based on actual performance [16][17] Group 3: Share Buyback and Cancellation - The company has conducted buybacks and cancellations of restricted stocks for departed employees, totaling 1,877,000 shares across various meetings [6][19][20] - The buyback price for the canceled shares was set at 16.44 yuan per share [6][20] Group 4: Share Structure Changes - Following the unlock, the total share capital remains at 2,318,051,016 shares, with no changes in the overall share structure [21]