Huaqin Technology (SH:603296) Zheng Quan Zhi Xing·2025-08-22 16:24Core Viewpoint - The report discusses the conditions for the first unlock period of the restricted stock incentive plan of Huqin Technology Co., Ltd, indicating that the necessary approvals and conditions have been met for the release of shares [1][6]. Group 1: Incentive Plan Overview - The first unlock period for the reserved grant of the incentive plan is set to last from the completion of the grant registration on August 20, 2024, until the last trading day within 24 months [6]. - The first unlock period will expire on August 20, 2025, allowing for the release of shares under specific conditions [6]. Group 2: Conditions for Unlocking Shares - The company must not have any adverse audit reports or fail to meet performance distribution conditions [8]. - The performance assessment targets for the first unlock period include a revenue growth rate of 28.76% and a net profit growth rate of 8.10% [8]. - A total of 29 eligible individuals can unlock 187,881 shares, which represents 0.0185% of the company's total share capital [8]. Group 3: Approval and Compliance - The independent financial advisor confirms that the incentive plan has received necessary approvals and complies with relevant laws and regulations [9]. - The report emphasizes that the conditions for unlocking shares have been achieved, and there are no circumstances that would harm the interests of the company or its shareholders [9].