Core Points - The announcement details the unlocking and listing of restricted stock for Mr. Xian Gen Xiong, a key executive of Jiangsu Financial Leasing Co., Ltd, as part of the 2019 stock incentive plan [1][6][12] - A total of 504,000 shares will be listed for circulation on August 26, 2025, following the approval of the unlocking conditions [1][6][10] - The stock incentive plan was approved by the Jiangsu Provincial State-owned Assets Supervision and Administration Commission, and the relevant procedures have been followed [2][12][13] Summary by Sections Stock Incentive Plan Approval and Implementation - The 2019 stock incentive plan was approved by the 14th meeting of the Supervisory Board and received preliminary consent from the Jiangsu Provincial State-owned Assets Supervision and Administration Commission [1][2] - The plan included a public announcement of the incentive targets, which was conducted from December 25, 2019, to January 3, 2020, with no objections received [1][2] Unlocking Conditions and Procedures - The first unlocking of restricted stock for 146 incentive targets was approved, with a total of 29,159,956 shares granted at a price of RMB 3.89 per share on March 16, 2020 [2][5] - The unlocking conditions for Mr. Xiong were met due to his retirement and the successful completion of the economic responsibility audit [6][10] Stock Circulation and Capital Structure Changes - The unlocking of 504,000 shares will reduce the number of restricted shares from 2,431,332 to 1,927,332, while increasing the unrestricted shares from 5,789,948,431 to 5,790,452,431 [10][11] - The company will adhere to restrictions on the transfer of unlocked shares for six months post-unlocking [10][11] Supervisory and Legal Opinions - The Supervisory Board confirmed that the unlocking of Mr. Xiong's shares complies with relevant laws and regulations [10][12] - Legal opinions from Jiangsu Century Tongren Law Firm and Huatai United Securities confirmed that the procedures followed were in accordance with the Company Law and Securities Law [12][13]
江苏金租: 江苏金租:关于2019年限制性股票股权激励计划熊先根先生限售股份解锁暨上市公告