Nsfocus(SZ:300369) Zheng Quan Zhi Xing·2025-08-27 16:40Core Viewpoint - The company has successfully achieved the first vesting conditions of its 2024 restricted stock incentive plan, allowing 452 eligible participants to receive a total of 11,313,360 shares of restricted stock at a price of 2.59 yuan per share [1][8][13]. Summary by Sections Incentive Plan Overview - The incentive plan involves the issuance of restricted stock to eligible participants, with a total of 11,313,360 shares designated for vesting [1][2]. - The plan's effective period lasts up to 48 months from the grant date [2]. Grant and Vesting Details - The grant date for the restricted stock was set for September 25, 2024, with the first vesting period defined from September 26, 2025, to September 25, 2026 [9][10]. - The vesting schedule allocates 30% of the shares to vest in the first period, with subsequent periods having similar allocations [3]. Performance Assessment Requirements - The performance targets for the first vesting period require the company to achieve a minimum revenue of 2.35 billion yuan in 2024 [4]. - The plan includes individual performance assessments, with results categorized into five levels, affecting the final number of shares that can be vested [5]. Approval Process - The plan underwent several approval stages, including board meetings and shareholder meetings, confirming the eligibility of participants and the vesting conditions [6][7][8]. Changes in Eligible Participants - The number of eligible participants was adjusted from 479 to 452 due to 26 individuals leaving the company and one passing away, resulting in a total of 37,755,200 shares available for vesting [8][12]. Financial Impact - The vesting of 11,313,360 shares will increase the company's total share capital from 799,308,527 to 810,621,887 shares, with no significant impact on the company's financial status or operational results [16].