Summary of Key Points Core Viewpoint The announcement details the results of the second vesting period of the 2023 restricted stock incentive plan for Jiangsu Zhaosheng Microelectronics Co., Ltd., highlighting the fulfillment of vesting conditions and the issuance of shares. Group 1: Incentive Plan Overview - The 2023 restricted stock incentive plan involves a total of 1,937,670 shares, accounting for approximately 0.363% of the company's total share capital of 533,802,594 shares at the time of the plan's announcement [1][5]. - The plan includes three vesting periods, with the first period allowing for 40% vesting, the second period 30%, and the third period 30% [1][3]. - The vesting conditions include a minimum tenure of 12 months for the incentive recipients and performance targets based on cumulative revenue for the years 2023-2025 [1][3]. Group 2: Performance Assessment - The performance targets for the second vesting period require cumulative revenue of no less than 8.702 billion yuan and less than 9.309 billion yuan for the years 2023-2024 [1][3]. - The company achieved a cumulative revenue of 8.865 billion yuan for the specified period, resulting in an 80% vesting ratio for the second period [6][7]. - Individual performance assessments categorize recipients into three tiers (A/B+, B, C), with corresponding vesting ratios of 100%, 80%, and 0% [3][7]. Group 3: Share Issuance and Adjustments - A total of 398,885 shares are eligible for vesting in the second batch, with the vesting period running from April 28, 2025, to April 24, 2026 [7][8]. - The stock grant price was adjusted to 61.25 yuan per share due to previous profit distribution and other factors [4][5]. - The total number of eligible recipients decreased from 192 to 172 due to departures and performance results not meeting full vesting conditions [6][7]. Group 4: Financial Impact - The issuance of shares will not significantly impact the company's financial status or operational results, and the overall share structure remains stable [8]. - The funds raised from the stock issuance will be used to supplement the company's working capital [8].
卓胜微: 关于2023年限制性股票激励计划第二个归属期第二批次归属结果暨股份上市的公告