Core Viewpoint - The announcement details the completion and conditions of the second phase of the employee stock ownership plan (ESOP) for Guangzhou Hongya CNC Machinery Co., Ltd, highlighting the stock lock-up periods and the conditions for unlocking shares [1][2][3]. Summary by Sections Basic Information and Lock-up Period - The second phase of the employee stock ownership plan was approved in meetings held on May 11 and May 22, 2023, with the plan's details disclosed on May 13 and May 23, 2023 [1]. - The lock-up period for the second batch of shares will end on July 11, 2025 [3]. Stock Purchase and Lock-up Conditions - As of July 11, 2023, the ESOP has purchased a total of 1,252,980 shares, representing 0.30% of the total share capital, with a total transaction amount of RMB 22.3032 million at an average price of RMB 17.80 per share [2]. - The lock-up periods for the shares acquired under this plan are set at 12 months and 24 months, with unlocking ratios of 50% each [2]. Unlocking Conditions and Subsequent Arrangements - The second batch of shares will unlock 62,649 shares, which is 50% of the total shares in the plan, contingent upon achieving a revenue growth rate of at least 24% in 2024 compared to the average revenue from 2020 to 2022, along with meeting individual performance evaluations [3]. - The management committee will determine the timing for the disposal of unlocked shares based on market conditions after the lock-up period ends [3]. Duration, Changes, and Termination of the Plan - The ESOP will last for 36 months from the date of the last stock transfer to the plan [4]. - The plan can be extended with the approval of two-thirds of the participating shareholders [4]. - The plan will automatically terminate after the expiration of its duration or upon the complete sale of the shares held [5]. Other Notes - The company will continue to monitor the implementation of the ESOP and fulfill its information disclosure obligations in accordance with relevant laws and regulations [6].
广州弘亚数控机械股份有限公司 关于2021年-2022年员工持股计划之第二期员工持股计划 第二批股票锁定期届满的提示性公告