Leascend(SZ:300051) Zheng Quan Zhi Xing·2025-08-08 10:19Core Viewpoint - The company has announced the first unlock period for its 2024 restricted stock incentive plan, allowing 2,043,600 shares to be listed for trading on August 12, 2025, which represents approximately 0.55% of the total share capital [1][14]. Summary by Sections Incentive Plan Details - The first unlock period for the restricted stock incentive plan is set to last from the completion of the initial grant registration for 12 months, with a total unlock ratio of 40% [8][12]. - The initial grant date for the restricted stock was July 26, 2024, with the listing date being August 12, 2024 [8][12]. Approval Process - The board of directors and the supervisory board approved the relevant proposals regarding the incentive plan during meetings held on June 12, 2024, and June 28, 2024 [2][4]. - The company conducted an internal public notice regarding the list of initial grant recipients from June 13 to June 22, 2024, with no objections received [3]. Performance Conditions - The unlock conditions were met as the company did not experience any negative audit opinions or violations of profit distribution regulations in the past 36 months [9][12]. - The company achieved its performance targets, with 2024 revenue meeting the required thresholds for the unlock conditions [9][12]. Shareholder Impact - A total of 40 individuals will benefit from the unlock, with the specific number of shares being 2,043,600 [14]. - The total number of shares after the unlock will remain at 372,136,690, with no changes to the overall share structure [16]. Legal and Compliance - The company has ensured compliance with relevant regulations and has obtained legal opinions regarding the incentive plan and the unlock process [17].