Core Viewpoint - The company has announced the achievement of the first vesting conditions for its first phase of the restricted stock incentive plan, allowing for the vesting of 428,340 shares for 9 eligible participants [1][13][20]. Summary by Sections Incentive Plan Overview - The first phase of the restricted stock incentive plan was approved on July 24, 2024, with a total of 2,177,000 shares proposed for grant, representing approximately 0.544% of the company's total share capital [2][3]. - The initial grant consists of 2,141,700 shares, approximately 0.535% of the total share capital, with a reserved portion of 35,300 shares [2]. Grant and Vesting Conditions - The grant price for the restricted stock is set at 25.43 yuan per share after adjustments [12][18]. - The vesting schedule includes a first vesting period of 20% after 12 months, a second period of 30% after 24 months, and a third period of 50% after 36 months [4][5][6]. Performance Assessment - The performance assessment for the first phase covers the years 2024 to 2026, with specific revenue and net profit growth targets set for each year [7][17]. - For 2024, the revenue growth target is 19% and net profit growth is 21% [17]. - For 2025, the targets are 42% for revenue and 39% for net profit, while for 2026, the targets are 68% and 59% respectively [17]. Compliance and Approval - The board and supervisory committee have confirmed that the 9 participants meet the necessary qualifications and that the vesting conditions have been achieved [20][23]. - The legal opinion confirms that the vesting process complies with relevant regulations and that the company will fulfill its disclosure obligations [20][23]. Financial Impact - The vesting of 428,340 shares will increase the total share capital from 400,044,500 shares to 400,472,840 shares, which may slightly dilute earnings per share and net asset return but will not significantly impact the company's financial status [22][23].
乖宝宠物: 关于公司第一期限制性股票激励计划首次授予部分第一个归属期归属条件成就的公告
