WZ Group(SH:600704) Zheng Quan Zhi Xing·2025-07-18 16:31Core Viewpoint - The company announces the lifting of restrictions on the third phase of its 2021 restricted stock incentive plan, allowing 37,980,750 shares to be listed and circulated starting from July 24, 2025 [1][12]. Summary by Sections 1. Implementation of the 2021 Restricted Stock Incentive Plan - The company has completed the necessary decision-making procedures and disclosed information regarding the 2021 restricted stock incentive plan [1][2]. - Independent directors provided opinions on the relevant proposals, and the supervisory board verified the matters related to the incentive plan [1][2]. 2. Conditions for Lifting Restrictions - The third lifting of restrictions has been achieved as the conditions set forth in the incentive plan have been met [11][12]. - The company’s performance metrics, including a net asset return rate of 11.71% and an economic value added (EVA) growth rate of 87.86%, satisfied the requirements for lifting restrictions [10][11]. 3. Details of the Lifting of Restrictions - A total of 519 individuals are eligible for the lifting of restrictions, with 3,798,075 shares available for release, representing approximately 0.73% of the company's total share capital [11][12]. - The specific lifting of restrictions will occur on July 24, 2025, with the total number of shares being 37,980,750 [12]. 4. Changes in Share Capital Structure - Following the lifting of restrictions, the company’s share capital structure will change, with the number of shares with limited sale conditions dropping to zero, while the number of unrestricted shares will increase to 5,191,682,790 [12]. 5. Legal Opinions - The legal opinion confirms that the company has obtained the necessary approvals for the lifting of restrictions and that the conditions have been met according to the relevant regulations [12].