Soling Industrlal(SZ:002766) Zheng Quan Zhi Xing·2025-07-31 16:15Core Viewpoint - The company has approved the third unlock period for the restricted stock under the 2022 stock incentive plan, allowing 1.035 million shares to be released from restrictions, which represents 0.1201% of the total share capital [1][11]. Summary by Sections Stock Incentive Plan - The board of directors confirmed that the conditions for the third unlock period of the restricted stock have been met, allowing 5 eligible participants to unlock 1.035 million shares [2][10]. - The unlock date for the shares is set for August 5, 2025 [1]. Approval Process - The stock incentive plan underwent necessary approval procedures, including independent opinions from the independent directors and verification by the supervisory board [2][3]. - The plan was approved by the shareholders at the annual general meeting held on May 18, 2022 [3]. Performance Conditions - The performance target for the third unlock period requires a revenue growth rate of at least 45% compared to the 2021 revenue of 761.96 million yuan, with the actual 2024 revenue reported at approximately 1.398 billion yuan, achieving a growth rate of 83.45% [9][10]. - Individual performance assessments for the incentive participants are categorized as "qualified" or "unqualified," with the potential for full unlock based on meeting company-level performance criteria [10]. Changes in Share Capital - Following the unlock, the total share capital will remain at approximately 861.80 million shares, with changes in the number of restricted shares and unrestricted shares detailed in the report [12][13].