Hiconics(SZ:300048) Zheng Quan Zhi Xing·2025-09-01 16:27Core Viewpoint - The legal opinion letter from Beijing Jiayuan Law Firm confirms the achievement of the first vesting conditions and the cancellation of certain restricted stocks under the 2023 incentive plan of Beijing Hekang New Energy Technology Co., Ltd. [1][9] Group 1: Approval and Authorization - The company has completed necessary procedures for the approval and authorization of the vesting and cancellation of restricted stocks as per relevant laws and regulations [3][4]. - The board of directors approved the relevant proposals regarding the vesting conditions and the cancellation of unvested restricted stocks [4][9]. Group 2: Vesting Conditions - The first vesting period for the reserved grant starts from the grant date and lasts until the last trading day within 24 months [5]. - The vesting conditions include achieving specific financial performance targets, such as a minimum revenue growth of 10% compared to 2022 for the first vesting period [7]. Group 3: Cancellation of Restricted Stocks - A total of 172,500 shares of restricted stocks will be canceled due to the departure of 16 incentive targets and one target failing to meet the first vesting period's assessment criteria [8][9]. - The cancellation aligns with the provisions of the incentive plan and relevant regulations [9].