GXSH(SZ:000716) Zheng Quan Zhi Xing·2025-09-05 16:13Core Viewpoint - The company has successfully completed the first unlock period of its 2023 restricted stock incentive plan, allowing 3,216,500 shares to be released for trading, which represents 0.4269% of the total share capital [1][12]. Summary by Sections Incentive Plan Overview - The incentive plan was approved by the board and the supervisory committee, with independent opinions provided by the independent directors and legal counsel [1][2]. - A total of 61 individuals are eligible for the release of restricted shares [1][12]. Unlock Conditions - The first unlock period conditions have been met, allowing for the release of 35% of the granted shares after 18 months from the grant date [5][6]. - The grant date for the restricted shares was January 31, 2024, with the unlock period ending on August 27, 2025 [5][12]. Performance Assessment - The company achieved a net profit of 77.74 million yuan for 2024, meeting the performance criteria for the first unlock period [6][8]. - The performance assessment for the incentive plan is conducted annually over three years, with specific profit targets set for each year [6][7]. Share Structure Changes - Following the unlock, the total number of restricted shares will decrease from 9,490,000 to 6,273,500, while the total share capital remains at 753,489,550 shares [14]. - The proportion of unrestricted shares will increase from 97.65% to 98.08% after the unlock [14]. Compliance and Legal Review - The company has adhered to all relevant regulations and has received legal opinions confirming the compliance of the unlock process [4][12]. - The supervisory committee has verified the eligibility of the incentive recipients and the conditions for unlocking the shares [2][4].