凯迪股份: 常州市凯迪电器股份有限公司关于向激励对象首次授予限制性股票的结果公告（更新版）.

Core Points - The company has completed the registration of the first grant of restricted stock under the 2025 incentive plan, with a total of 474,100 shares granted to 46 incentive objects after adjustments due to voluntary waivers by 4 individuals [1][2][6] - The incentive plan's effective period lasts up to 48 months, with a lock-up period of 12, 24, and 36 months for the granted shares [2][4] - The total number of shares before and after the grant is 70,198,912 and 70,673,012 respectively, with the controlling shareholder's stake slightly adjusted but remaining unchanged [6][7] Summary of Key Aspects Grant Details - The initial grant date for the restricted stock was set for June 25, 2025, with a total of 56.52 million shares initially planned, later adjusted to 47.41 million shares [1][3] - The core employees received 42.31 million shares, accounting for 89.24% of the total granted shares [3] Lock-up and Release Conditions - The lock-up periods for the granted shares are structured as follows: 40% after 12 months, 30% after 24 months, and 30% after 36 months [5][6] - Shares obtained through capital reserves or stock dividends are also subject to the same lock-up conditions [4] Financial Impact - The funds raised from the stock issuance will be used to supplement the company's working capital, totaling approximately 12.57 million RMB [6][7] - The fair value of the restricted stock will be recognized as a share-based payment expense over the vesting period, impacting the company's financial results from 2025 to 2028 [7][8]