Raytron(SH:688002) Shang Hai Zheng Quan Bao·2025-08-06 19:04Core Viewpoint - The announcement details the completion of the second vesting period for the first grant of the 2022 restricted stock incentive plan by Raytron Technology Co., Ltd, with 3,275,000 shares set to be listed on August 11, 2025 [2][4][15]. Group 1: Stock Listing and Vesting Details - The stock type being listed is for equity incentive, with a total of 3,275,000 shares to be listed [2][3]. - The listing date for the shares is August 11, 2025 [4][12]. - The shares are part of the first grant of the 2022 restricted stock incentive plan, with the second vesting period completed on August 5, 2025 [4][17]. Group 2: Decision-Making Process and Approval - The decision-making process for the stock vesting involved multiple meetings of the board and supervisory committee, with independent opinions provided [5][6][8]. - The initial grant was approved during the second extraordinary general meeting of shareholders on October 25, 2022 [6][7]. Group 3: Financial Impact and Share Capital Changes - Following the vesting, the total share capital of the company increased from 456,962,540 shares to 460,237,540 shares [13][21]. - The number of shares vested represents 0.72% of the total shares before the vesting [15]. - The net profit attributable to shareholders for Q1 2025 was reported at 145,818,960.66 yuan, with a basic earnings per share of 0.3205 yuan; the vesting will dilute this figure based on the new total share count [14][15]. Group 4: Convertible Bond Price Adjustment - The completion of the stock vesting triggered an adjustment in the conversion price of the company's convertible bonds, changing from 39.35 yuan to 39.21 yuan per share [19][21]. - The adjusted conversion price will take effect on August 8, 2025, following a temporary suspension of conversion on August 7, 2025 [19][21].