KDTECH(SZ:002516) Zheng Quan Zhi Xing·2025-07-08 09:17Core Viewpoint - The company has successfully achieved the conditions for the first unlock period of its stock incentive plan, allowing 7 eligible participants to unlock a total of 5.24 million restricted shares, which represents 0.3563% of the company's total share capital [1][3][6]. Summary by Sections Incentive Plan Implementation - The decision-making process for the stock incentive plan has been completed, including the approval of relevant proposals and the issuance of reports by independent financial advisors and lawyers [1][3]. - The company has publicly disclosed the list of incentive plan participants, and no objections were raised during the feedback period [2]. Unlock Conditions Achievement - The first unlock period lasts for 12 months from the completion of the grant registration, with 40% of the shares eligible for unlocking [3]. - The company must meet specific performance targets, including a revenue increase of at least 10% compared to the previous year or a net cash flow from operating activities of no less than 2.38 billion yuan [5]. - All 7 participants have met the individual performance assessment criteria, resulting in a 100% unlock rate for their shares [5]. Changes in Share Capital Structure - Following the unlocking of shares, the total number of restricted shares will decrease from 13.1 million to 7.86 million, while the total share capital remains at 1,470,838,682 shares [6]. - The proportion of restricted shares in the total share capital will adjust accordingly, reflecting the changes post-unlocking [6]. Legal and Compliance Matters - The company has ensured compliance with relevant laws and regulations regarding stock trading by directors and senior management after the unlocking of shares [6][7].