Core Viewpoint - The announcement details the first vesting period results of the 2024 restricted stock incentive plan for Dongli Machinery, indicating that 100.9350 million shares will be vested to 152 eligible participants on August 1, 2025, with no additional restrictions on trading after listing [1][23][24]. Summary by Sections Incentive Plan Overview - The incentive plan involves the issuance of restricted A-shares to company directors, senior management, and key technical personnel, excluding independent directors and major shareholders [2][3]. - A total of 232.92 million shares were initially allocated, with adjustments made to the number of participants and shares due to resignations and performance criteria [12][14]. Vesting Conditions - The first vesting period is defined as the first trading day after 12 months from the grant date, with a vesting ratio of 50% [5][16]. - The vesting conditions include the absence of negative audit opinions and compliance with performance targets for revenue and net profit [6][17]. Performance Targets - For the first vesting period in 2024, the revenue target is set at 64 million yuan, with a trigger value of 62 million yuan [8][19]. - The net profit target for 2024 is set at 6.6 million yuan, with a trigger value of 6.3 million yuan [8][19]. Shareholder and Market Impact - The total number of shares to be listed and traded after vesting is 100.9350 million, with no lock-up period for the shares [24][27]. - The company has repurchased shares from the secondary market to fulfill the incentive plan, which will not affect the total share capital but will reduce the number of shares held in the repurchase account [21][27]. Legal and Compliance - The company has obtained necessary approvals for the incentive plan adjustments and vesting conditions, ensuring compliance with relevant regulations [26][27].
东利机械: 关于2024年限制性股票激励计划第一个归属期归属结果暨股份上市的公告