彤程新材: 彤程新材关于2023年限制性股票激励计划首次授予部分第二个解除限售期解除限售条件成就的公告

Core Viewpoint - The announcement details the achievement of the second unlock condition for the 2023 restricted stock incentive plan of Tongcheng New Materials Group Co., Ltd, allowing 154 eligible participants to unlock a total of 1,520,958 shares, representing approximately 0.25% of the company's total share capital [1][15][17]. Summary by Sections Incentive Plan Approval and Implementation - The 2023 restricted stock incentive plan has undergone necessary decision-making procedures, with independent directors expressing clear agreement on the related proposals [1][2]. - The company held a meeting on August 26, 2025, where the board approved the achievement of the second unlock condition for the incentive plan [1]. Historical Grant and Unlocking of Restricted Stocks - The first grant date was September 13, 2023, with a total of 4,804,000 shares granted at a price of 14.88 yuan per share [3][4]. - The second unlock period for the first grant will end on September 12, 2025, with specific conditions for unlocking [9][11]. Conditions for Unlocking - The unlocking of shares is contingent upon meeting specific performance targets, including a revenue growth rate of no less than 20% or a profit growth rate of no less than 30% for the fiscal year 2024 [11][12]. - The company achieved a revenue of 3,270.28 million yuan in 2024, reflecting a growth of 30.81% compared to 2022 [12]. Eligible Participants and Share Details - A total of 154 participants are eligible to unlock 1,520,958 shares, with specific allocations to key executives [15][18]. - The unlocking process will be conducted in accordance with the relevant regulations and will require necessary approvals [17][18].