Core Viewpoint - The announcement details the first unlock period of the 2024 restricted stock incentive plan for Zhejiang Taihua New Materials Group Co., Ltd, with 1,428,900 shares set to be listed for trading on August 29, 2025, following the achievement of the necessary conditions for unlocking [1][9]. Group 1: Stock Incentive Plan Overview - The stock incentive plan involves a total of 4,330,000 shares granted to 30 individuals, with the first unlock period allowing for 33% of the shares to be released [4][9]. - The first unlock period is defined as the period from 12 months after the grant registration completion until the last trading day within 24 months [5][9]. - The company has met the performance assessment criteria necessary for the unlocking of shares, including a net profit growth rate of at least 20% and a revenue growth rate of at least 15% for 2024 [8][9]. Group 2: Unlocking Conditions and Details - The unlocking conditions were achieved without any adverse events affecting the company or the incentive recipients, such as negative audit opinions or regulatory sanctions [8][9]. - The specific number of shares eligible for unlocking is 1,428,900, which represents 0.16% of the total share capital [9]. - The shares will be listed for trading on August 29, 2025, and the company has outlined restrictions on the transfer of shares by directors and senior management [10][12]. Group 3: Legal Compliance and Approval - The legal opinion confirms that the unlocking of shares complies with relevant laws and regulations, including the Company Law and Securities Law [12][13]. - The necessary approvals and authorizations for the unlocking have been obtained, ensuring adherence to the company's incentive plan and regulatory requirements [12][13].
台华新材: 浙江台华新材料集团股份有限公司关于2024年限制性股票激励计划首次授予部分第一个解除限售期解锁暨上市的公告