JHS(SH:603922) Zheng Quan Zhi Xing·2025-07-21 09:16Core Viewpoint - The announcement details the completion of the first lock-up period of the 2024 Employee Stock Ownership Plan (ESOP) of Suzhou Jinhongshun Automotive Parts Co., Ltd., and confirms that the conditions for unlocking the shares have been met [1][3]. Group 1: Implementation Progress of the Employee Stock Ownership Plan - The first lock-up period of the 2024 Employee Stock Ownership Plan ended on June 24, 2025, and the plan was approved by the board of directors [1][3]. - A total of 490,600 shares were transferred to the employee stock ownership plan account at a price of 13.06 yuan per share [2]. - The total number of shares held in the employee stock ownership plan account after a capital increase was 686,840 shares [2]. Group 2: Unlocking Conditions Achievement - The first unlocking period's conditions have been achieved, with the performance assessment based on company-level and individual-level metrics [3][4]. - The performance target for the first unlocking period required a revenue growth rate of no less than 15% for 2024 compared to 2023 [5]. - The company achieved a revenue growth rate of 87.21% for 2024, thus meeting the company-level unlocking conditions, allowing for a 100% unlock ratio [5]. Group 3: Subsequent Arrangements and Committee Opinions - The board of directors confirmed that the first lock-up period has ended and the unlocking conditions have been met, in compliance with relevant regulations [6]. - The board's remuneration and assessment committee unanimously agreed that the plan does not harm the interests of the company and its shareholders, particularly minority shareholders [6]. - The company will continue to monitor the implementation of the employee stock ownership plan and fulfill its information disclosure obligations as required by law [6].