BATIAN(SZ:002170) Zheng Quan Zhi Xing·2025-08-17 08:15Core Viewpoint - The company has announced the lifting of restrictions on 684,000 shares of restricted stock as part of its 2022 stock option and restricted stock incentive plan, which represents 0.0707% of the total share capital [1][2][21]. Summary by Sections Incentive Plan Details - The third lifting of restrictions on the restricted stock has been approved, with 8 eligible participants meeting the conditions for the release [1][2]. - The total number of restricted shares granted under the incentive plan was adjusted from 23,000,000 to 22,880,000 shares due to two participants voluntarily giving up their incentive qualifications [12][14]. Approval Process - The company held the 22nd meetings of the 8th Board of Directors and Supervisory Board to review and approve the lifting of restrictions and related matters [2][3]. - Legal opinions were provided to ensure compliance with regulations during the approval process [3][4]. Performance Conditions - The lifting of restrictions is contingent upon meeting specific performance conditions, including financial metrics and compliance with legal requirements [10][11]. - The company has established a performance assessment system to evaluate both company-level and individual-level performance for the incentive participants [11][12]. Share Structure Changes - Following the lifting of restrictions, the total number of restricted shares will decrease from 183,572,432 to 182,888,432, while the number of unrestricted shares will increase from 783,581,675 to 784,265,675 [20]. - The total share capital remains unchanged at 967,154,107 shares [20]. Legal and Compliance - The company has ensured that all actions taken regarding the incentive plan comply with relevant laws and regulations, including the Company Law and Securities Law [19][21]. - The final share changes will be confirmed by the China Securities Depository and Clearing Corporation [20].