Midea Group(SZ:000333) Zheng Quan Zhi Xing·2025-07-09 13:13Core Points - The company has announced the second unlock period for its 2022 restricted stock incentive plan, allowing for the release of shares to eligible participants [1][8] - A total of 138 individuals are eligible to unlock and circulate 2,518,700 shares, which represents 0.0329% of the company's total shares [14][15] - The board has confirmed that the conditions for unlocking the shares have been met, based on the company's performance metrics [13][12] Summary by Sections Incentive Plan Overview - The 2022 restricted stock incentive plan includes three unlock periods, with the second one being announced now [1] - The plan initially granted 12,630,000 shares to 199 participants, but adjustments have been made due to departures, reducing the total to 12,450,000 shares [2][3] Adjustments and Financials - The grant price for the restricted shares was adjusted from 28.14 yuan to 26.47 yuan based on profit distribution arrangements [2] - As of June 28, 2022, the company received a total of 321,676,675 yuan from the participants for the restricted stock [4] Share Unlocking Details - The second unlock period allows 138 participants to unlock 2,518,700 shares, with specific high-level executives set to unlock 24,000 shares each [14][15] - The board has verified that no disqualifying events occurred that would prevent the unlocking of shares [12][13] Share Structure Changes - Following the unlocking, the company's total share capital remains unchanged, but the number of restricted shares will decrease, affecting the flow of unrestricted shares [4][15] - The company will continue to manage the incentive plan by repurchasing shares from participants who do not meet the unlocking criteria [12][16]