UCAP(SH:688228) Zheng Quan Zhi Xing·2025-08-24 16:18Summary of Key Points Core Viewpoint - The company announced that the conditions for the third vesting period of the 2022 restricted stock incentive plan were not met, resulting in the cancellation of 322,500 shares of unvested stock [1][6][8]. Group 1: Incentive Plan Overview - The company held meetings to approve various proposals related to the 2022 restricted stock incentive plan, including the draft and management measures [1][3]. - The initial grant date for the incentive plan was set for September 13, 2022, with a grant price of 15.81 yuan per share, totaling 1 million shares granted to 45 recipients [3][4]. Group 2: Performance Assessment - The performance assessment for the third vesting period was based on the company's revenue and net profit growth compared to 2021, with specific target and trigger values set [6]. - The company reported a revenue growth rate of 34.09% for 2024, but the performance conditions were not met, leading to the cancellation of the corresponding shares [6]. Group 3: Impact and Compliance - The cancellation of the shares will not materially affect the company's financial status or operational results, nor will it impact the stability of the management team [6]. - The supervisory board confirmed that the cancellation aligns with relevant laws and regulations, ensuring no harm to shareholder interests [6][7].