Damon(SH:688360) Zheng Quan Zhi Xing·2025-08-25 16:43Core Viewpoint - The company has announced the cancellation of part of the 2022 restricted stock incentive plan due to unmet performance targets, which will not materially affect its financial status or operational results [1][3][5]. Group 1: Decision Process and Disclosure - The board of directors and the supervisory board have approved the proposal to cancel part of the 2022 restricted stock incentive plan [1][2]. - Independent directors have expressed their agreement with the relevant proposals [1][3]. - The supervisory board verified the incentive plan and provided related opinions [2][3]. Group 2: Specifics of the Canceled Stocks - The cancellation is due to the company's failure to meet the performance assessment criteria for the second vesting period of the incentive plan, which required a revenue growth rate of at least 50% or a net profit growth rate of at least 60% for 2024 compared to 2022 [5]. - A total of 685,000 shares corresponding to the performance targets will be canceled and rendered invalid [5]. Group 3: Impact of Cancellation - The cancellation of the restricted stocks will not have a substantial impact on the company's financial condition or operational results [5]. - The stability of the management team and the continuation of the stock incentive plan will not be affected [5]. Group 4: Supervisory Board Opinion - The supervisory board believes that the cancellation of the restricted stocks complies with relevant laws and regulations and does not harm shareholder interests [5][6]. Group 5: Legal Opinion - The legal opinion confirms that the cancellation has obtained necessary approvals and complies with applicable laws and regulations [6][7].