ZOY(SH:603709) Zheng Quan Zhi Xing·2025-07-11 16:13Core Viewpoint - The announcement details the first unlock and listing of restricted stock under the 2024 incentive plan for Zhongyuan Home, with 309,270 shares set to be released on July 18, 2025 [1]. Group 1: Stock Incentive Plan Overview - The stock type is equity incentive shares, with a total of 309,270 shares to be listed for trading [1]. - The board approved the unlocking of the first batch of restricted stocks at a meeting held on July 7, 2025 [1]. - The incentive plan has undergone necessary decision-making procedures and disclosures, with relevant documents published on the Shanghai Stock Exchange [1][2]. Group 2: Unlocking Conditions and Performance Targets - The first unlock period for the restricted stocks is from July 3, 2024, to July 2, 2025, with 30% of the total shares eligible for unlocking upon meeting conditions [4][6]. - The performance target for the first unlock period requires the company's revenue for 2024 to reach 1.602 billion yuan, representing a 45.42% increase from 2023 [6]. - The second unlock period requires a revenue growth rate of at least 69% for 2025, while the third period's target is yet to be specified [6][7]. Group 3: Stock Structure Changes - Following the unlocking, the number of restricted shares will decrease from 139.1 million to 108.173 million, while unrestricted shares will increase from 12.48 billion to 12.510927 billion [8]. - The total share capital remains unchanged at 12.6191 billion shares after the adjustments [8]. Group 4: Legal Compliance - The company has obtained necessary approvals and authorizations for the unlocking of restricted stocks, complying with relevant laws and regulations [9].