KAILONG(SZ:002783) Zheng Quan Zhi Xing·2025-09-03 11:11Core Viewpoint - The company has successfully completed the first unlock period for the second batch of restricted stock under the 2021 stock incentive plan, allowing 97,350 shares to be released for trading, which represents 0.0195% of the total share capital [1][9]. Summary by Sections 1. Approval and Implementation of the Incentive Plan - The board of directors approved the unlocking of restricted shares for three eligible participants, confirming that all conditions for the first unlock period have been met [1][8]. - The company has followed all necessary approval procedures and disclosed relevant information regarding the incentive plan [2][3]. 2. Details of the Restricted Stock - A total of 9.735 million shares will be unlocked, with the shares being allocated to three individuals: Li Songhua (462,000 shares), Zhu Deqiang (462,000 shares), and Huang Ziqian (49,500 shares) [9]. - The shares were granted at a price of 5.36 yuan per share, and the unlocking is set to take effect on January 16, 2025 [5][7]. 3. Performance Conditions for Unlocking - The company achieved a net profit growth rate of 18.89%, exceeding the industry average of 11.10%, which satisfied the performance conditions for unlocking the shares [8]. - The individual performance assessment for the three participants was rated as "qualified," allowing for the unlocking of 33% of their respective shares [8]. 4. Changes in Share Capital Structure - Following the unlocking of shares, the company's share capital structure will reflect the changes, with the total share capital increasing to 499,537,647 shares [9]. - The proportion of restricted shares will adjust slightly, with the number of restricted shares decreasing from 6,081,176 to 5,983,826 shares [9].