Fortune Tech(SZ:300493) Zheng Quan Zhi Xing·2025-09-04 11:14Core Viewpoint - The company has announced the lifting of restrictions on 5.657 million shares as part of its 2024 restricted stock incentive plan, allowing for the circulation of 5.557 million shares, which represents 1.1036% of the total share capital [1][8]. Group 1: Incentive Plan Details - The first lifting of restrictions on the incentive plan is set to occur on September 8, 2025, after a 12-month lock-up period following the initial grant date of August 12, 2024 [4][5]. - The incentive plan was approved by the company's board and shareholders, with 160 participants receiving a total of 5.657 million restricted shares [1][2]. - The lifting of restrictions is contingent upon meeting specific performance targets, including a net profit growth rate of at least 15% based on 2023 figures [5][6]. Group 2: Performance Metrics - The company's net profit for 2023 was reported at RMB 2,160.2766 million, with a projected net profit of RMB 2,595.8697 million for 2024, indicating a growth rate of 57.54% [5][6]. - The revenue growth rate for the same period is reported at 20.16%, meeting the performance criteria for the lifting of restrictions [5][6]. Group 3: Changes in Share Structure - Following the lifting of restrictions, the company's total share capital remains at 5,125.75047 million shares, with the structure changing as follows: restricted shares decrease by 5.657 million, while unrestricted shares increase by the same amount [10]. - The number of restricted shares held by senior management will be adjusted according to the company's regulations, with specific shares transitioning from restricted to locked status [9][10].