XUEDA(SZ:000526) Zheng Quan Zhi Xing·2025-07-24 16:33Core Points - The company announced the listing and circulation of 1,207,200 restricted stocks on July 28, 2025, as part of its 2023 restricted stock incentive plan [1] - A total of 378 individuals are eligible for the release of these restricted stocks, which represent 0.99% of the company's total share capital [1][6] - The second release period for the restricted stocks is defined as the first trading day after 24 months from the completion of the initial grant registration until the last trading day within 36 months [6] Decision-Making Process - On June 9, 2023, the company held its seventh board meeting to approve the draft and summary of the 2023 restricted stock incentive plan [2] - The company conducted an internal announcement of the incentive plan from June 10 to June 21, 2023, with no objections received [2] - The annual shareholders' meeting on June 30, 2023, approved the relevant proposals regarding the incentive plan [2][3] Release Conditions - The release of restricted stocks is contingent upon the company not having any adverse audit opinions and the achievement of specific performance targets [6] - The cumulative net profit for the years 2023 and 2024 must not be less than 130 million yuan [6] - The individual performance assessments for all incentive recipients must be at least satisfactory for the release of their restricted stocks [8] Stock Structure Changes - Prior to the release, the company had 3,538,250 restricted shares, which will decrease to 2,331,050 after the release [8] - The total number of unrestricted circulating shares will increase from 118,322,859 to 119,530,059 following the release [8] Documentation - The company has prepared various documents for reference, including board meeting resolutions and legal opinions regarding the release of restricted stocks [9]