Summary of Key Points Core Viewpoint The announcement details the results of the third vesting period of the 2022 Restricted Stock Incentive Plan of Zhejiang Zhangguang Industrial Co., Ltd., confirming that the vesting conditions have been met and outlining the specifics of the stock grants and their implications for the company. Group 1: Incentive Plan Overview - The total number of restricted stocks granted under the incentive plan is 1.4 million shares, accounting for 1.05% of the company's total share capital of 133.333 million shares [2][4] - The initial grant of restricted stocks is 1.2075 million shares, representing 0.91% of the total share capital, while the reserved portion is 192,500 shares, or 0.14% [2][4] - The grant price for the restricted stocks is set at 13.71 yuan per share [7][14] Group 2: Vesting Conditions and Performance Targets - The performance assessment period for the incentive plan spans three accounting years from 2022 to 2024, with specific net profit growth targets set for each year [7][22] - The first vesting period requires a net profit growth of at least 10% in 2022, 22% in 2023, and 33% in 2024, based on the 2021 net profit [7][22] - The company has confirmed that the conditions for the third vesting period have been met, with a reported net profit growth of 37.93% in 2024 [22][24] Group 3: Details of the Third Vesting Period - A total of 481,800 shares are eligible for vesting in the third period, with 72 individuals qualifying [24][28] - The vesting price for the third period is adjusted to 13.07 yuan per share [24][28] - The shares will be listed for trading on July 22, 2025, with no additional lock-up period imposed on the vested shares [24][28] Group 4: Impact on Company Structure - Following the vesting, the total share capital will increase to 134,535,284 shares, with the proportion of restricted shares slightly adjusted [26][28] - The vesting of these shares is not expected to have a significant impact on the company's financial status or operational results [28][29]
争光股份: 关于2022年限制性股票激励计划首次授予部分第三个归属期归属结果暨股份上市的公告