Summary of the News Article Core Viewpoint The announcement details the implementation of Shanghai Zhaomin New Materials Technology Co., Ltd.'s 2024 restricted stock incentive plan, including the first vesting results and the listing of shares. The plan aims to motivate middle management and key technical personnel through stock incentives, with specific conditions for vesting and performance targets. Group 1: Incentive Plan Overview - The incentive plan includes middle management and key technical personnel, with a total of 149.60 million shares granted, representing 0.62% of the company's total share capital at the time of the announcement [1][2][3] - The first vesting date for the restricted stocks is set for July 18, 2025, with a total of 482,000 shares eligible for vesting [17][24] Group 2: Vesting Conditions - The vesting of restricted stocks is contingent upon the company meeting specific performance targets, including net profit growth rates for the years 2024 to 2026 [7][10][21] - The performance targets are based on the previous year's net profit, with specific thresholds set for each vesting period [8][20] Group 3: Stock Listing and Financial Impact - The shares from the first vesting period will be listed for trading on August 19, 2025, with a total of 482,000 shares available for circulation [22][23] - The adjustment of the stock grant price from 6.88 yuan to 6.48 yuan per share reflects the company's strategic financial planning [16][24] Group 4: Legal and Compliance Aspects - The plan has undergone necessary legal reviews and approvals, confirming that all conditions for the first vesting period have been met [25] - The company has ensured compliance with relevant laws and regulations regarding stock incentives and corporate governance [25]
肇民科技: 关于2024年限制性股票激励计划首次授予部分第一个归属期归属结果暨股份上市的公告