USC(SH:688403) Zheng Quan Zhi Xing·2025-07-24 16:21Core Viewpoint - The announcement details the completion of the first grant of the 2023 Restricted Stock Incentive Plan by Hefei Xinhui Microelectronics Co., Ltd, including the stock listing and allocation details for the incentive shares [2][10]. Group 1: Incentive Plan Overview - The stock listing type is for equity incentive shares, with a total of 2,234,000 shares to be listed on July 30, 2025 [2]. - The first vesting date for the incentive shares is set for July 23, 2025 [2][10]. - The incentive plan was approved by the board on May 29, 2023, and the independent directors expressed their agreement [3][4]. Group 2: Decision-Making Process - The plan underwent a series of approvals, including verification by the supervisory board and public disclosure on the Shanghai Stock Exchange [3][4][5]. - The company conducted a self-examination regarding insider trading prior to the announcement of the incentive plan, finding no violations [5]. Group 3: Allocation Details - The allocation includes 64 recipients, with a total of 2,234,000 shares being vested [8][9]. - The allocation for senior management and core technical personnel includes specific numbers of shares for individuals, with percentages of shares vested [7][8]. Group 4: Impact on Share Capital - Following the vesting, the total share capital will increase from 837,984,074 shares to 840,218,074 shares [8][9]. - The shareholding ratio of the controlling shareholder and their concerted actors will be diluted from 31.0094% to 30.9933% due to the increase in total shares [9]. Group 5: Financial Impact - The completion of the stock vesting will dilute the earnings per share based on the first quarter report of 2025, which showed a net profit of approximately 40.59 million yuan [10].