Core Viewpoint - The announcement details the successful achievement of the first unlock condition for the 2024 stock option and restricted stock incentive plan of Shenzhen Zhaowei Electromechanical Co., Ltd, allowing for the release of 627,850 shares, which accounts for 0.2614% of the company's total share capital [1][5][9]. Summary by Sections Incentive Plan Approval Process - On August 7, 2024, the company held board and supervisory meetings to approve the incentive plan draft, with legal and financial opinions provided [1][2]. - The internal announcement of the incentive plan's beneficiaries occurred from August 8 to August 17, 2024, with no objections received [2]. - A second extraordinary shareholders' meeting on August 28, 2024, approved the incentive plan, followed by board meetings to grant stock options and restricted stocks [2][3]. Unlock Conditions Achievement - The first unlock period for the restricted stocks will end on August 27, 2025, with 50% of the granted stocks eligible for release [5]. - The conditions for unlocking include no negative audit opinions or internal control issues in the last fiscal year, and no legal or regulatory violations [5][6]. Performance Assessment - The performance assessment for the incentive plan covers the fiscal years 2024 and 2025, with specific revenue targets set for each year [6][12]. - The company achieved the revenue target of 1.525 billion yuan for 2024, meeting the conditions for unlocking [6][12]. Details of Unlockable Shares - A total of 119 beneficiaries are eligible to apply for the release of 627,850 restricted shares, which is 50% of the total granted [9][12]. - The breakdown of unlockable shares includes various executives and other personnel, with specific amounts listed for each [9][12]. Legal and Financial Compliance - The company has complied with all necessary legal procedures and disclosures related to the incentive plan, ensuring the legitimacy of the unlock conditions [12][13]. - Independent legal and financial advisors have confirmed that the conditions for the first unlock period have been met and necessary approvals obtained [12][13].
兆威机电: 关于2024年股票期权与限制性股票激励计划第一个解除限售期解除限售条件成就的公告