Core Viewpoint - Beijing Longsoft Technology Co., Ltd. announced that the first vesting period of its 2024 restricted stock incentive plan did not meet the vesting conditions, resulting in the cancellation of certain unvested restricted stocks [1][10]. Group 1: Approval Process and Disclosure - The 2024 restricted stock incentive plan was approved by the board on April 25, 2024, and related proposals were also passed by the supervisory board [2][3]. - The company disclosed the plan and related announcements on the Shanghai Stock Exchange website [2][4]. Group 2: Vesting Conditions and Performance Targets - The vesting arrangement for the restricted stocks includes three periods, with the first period allowing for a 30% vesting if certain conditions are met [5][6]. - The performance targets for the first vesting period required a revenue growth rate of at least 20% based on 2023 revenue, with a 100% vesting ratio if met [9]. Group 3: Performance Results and Stock Cancellation - The company's 2024 revenue was reported at 328,602,489.37 yuan, a decrease of 17.04% from 2023, failing to meet the performance targets [9]. - As a result, 223,200 shares of restricted stock were rendered unvested and canceled due to not meeting the performance conditions [10]. Group 4: Impact and Opinions - The cancellation of the restricted stocks is not expected to materially affect the company's financial status or operational results, nor will it impact the stability of the core team [10]. - The supervisory board and legal counsel confirmed that the cancellation complies with relevant laws and regulations, and does not harm shareholder interests [10].
龙软科技: 北京龙软科技股份有限公司关于2024年限制性股票激励计划第一个归属期不符合归属条件暨作废部分已授予尚未归属的限制性股票的公告