Core Viewpoint - The announcement details the achievement of the vesting conditions for the second vesting period of the 2022 Restricted Stock Incentive Plan of Jiangsu Zeyu Intelligent Power Co., Ltd, allowing 44 eligible participants to vest a total of 782,493 shares, representing 0.19% of the company's total share capital [1][14]. Summary by Sections Incentive Plan Overview - The 2022 Restricted Stock Incentive Plan was approved by the company's board and shareholders, targeting management and key technical personnel [1][4]. - The plan has a maximum validity of 48 months from the date of stock grant [2]. Vesting Conditions - The second vesting period allows for the vesting of 782,493 shares at an adjusted price of 7.4012 CNY per share [1][11]. - The vesting conditions include a minimum 12-month tenure requirement for participants and performance targets based on revenue and net profit growth rates [4][6]. Performance Targets - For the first vesting period, the revenue growth target for 2022 is set at no less than 20% compared to 2021 [4]. - For the second vesting period, the revenue growth target for 2023 is set at no less than 44% [5]. - For the third vesting period, the revenue growth target for 2024 is set at no less than 72.8% [5]. Approval Process - The plan has undergone various approvals from the board and supervisory committee, confirming the eligibility of the participants and the achievement of vesting conditions [7][20]. - The supervisory committee has verified that the vesting conditions have been met and approved the vesting of shares for eligible participants [20]. Adjustments and Cancellations - Adjustments to the stock grant price have been made due to equity distributions, affecting the number of shares and their respective prices [11][13]. - A total of 31,392 shares have been canceled due to non-fulfillment of vesting conditions by certain participants [12][14].
泽宇智能: 关于公司2022年限制性股票激励计划预留授予部分第二个归属期归属条件成就的公告