Summary of Key Points Core Viewpoint - The announcement details the expiration of the second lock-up period for the "Home 6" employee stock ownership plan of GoerTek Inc., highlighting the performance metrics that have been met for unlocking shares and the subsequent arrangements for stock sales and fund distribution [1][2][3]. Group 1: Employee Stock Ownership Plan Overview - The "Home 6" employee stock ownership plan was approved by the board on July 8, 2022, and subsequently by the shareholders on July 26, 2022 [1]. - The plan includes a total of four unlocking phases for the initial grant and reserved portions, with specific timelines for each phase [1]. - The second lock-up period for the initial grant will expire on July 12, 2025, while the reserved portion will expire on July 9, 2025 [1]. Group 2: Performance Metrics and Unlocking Conditions - The performance targets for unlocking shares require a minimum of 36% revenue growth in 2024 compared to 2021 or a net profit increase of at least 100% compared to 2023 [2]. - The audited net profit for 2024 was reported at 2.665 billion yuan, reflecting a 144.93% increase from 2023, thus meeting the performance criteria [2]. - A total of 13,045,690 shares from the initial grant and 2,032,156 shares from the reserved portion are eligible for unlocking, representing 0.37% and 0.06% of the total shares, respectively [2]. Group 3: Future Arrangements and Compliance - Following the expiration of the lock-up period, the management committee will oversee the sale of unlocked shares and the distribution of funds to participants [2]. - The plan will adhere to market trading rules and regulations regarding sensitive information periods [2][3]. - The total duration of the employee stock ownership plan is set for 66 months from the date of stock registration [3].
歌尔股份: 关于“家园6号”员工持股计划第二个锁定期届满的提示性公告