KINGCLEAN(SH:603355) Zheng Quan Zhi Xing·2025-08-29 17:46Core Viewpoint - The announcement details the achievement of the fifth unlock condition for the 2020 restricted stock incentive plan of Leike Electric, allowing 236 incentive recipients to unlock a total of 2,256,030 shares, representing 0.39% of the company's total share capital [1][12][18]. Summary by Sections 1. Incentive Plan Approval and Implementation - The 2020 restricted stock incentive plan was approved and implemented, with the first grant of 10,072,500 shares completed on September 18, 2020, increasing the total share capital from 401 million to 411.0725 million shares [2][3]. 2. Unlock Conditions Achievement - The fifth unlock period for the incentive plan is set to expire on September 17, 2025, with a 20% unlock ratio. The company has met all conditions for unlocking, including no adverse audit opinions or violations of regulations [12][14][17]. 3. Performance Assessment - The performance assessment for the incentive recipients is based on the company's revenue or net profit growth compared to 2019, with a requirement of at least 35% growth or exceeding the industry average [14][15]. 4. Recipients and Shares - Out of the initial 240 incentive recipients, 236 remain eligible to unlock shares. The total number of shares eligible for unlocking is 2,256,030 [1][16][18]. 5. Independent Board Opinions - The independent board members have reviewed and agreed that the conditions for unlocking the shares have been met and that the process complies with relevant laws and regulations [17][19].