Apex(SH:603383) Shang Hai Zheng Quan Bao·2025-09-16 20:34Core Viewpoint - The company has approved the release of restrictions on 185,040 shares of restricted stock as part of its 2021 stock incentive plan, which will be tradable starting September 23, 2025 [1][2][11]. Summary by Sections 1. Stock Incentive Plan Overview - The stock incentive plan was approved on October 18, 2021, and involved multiple meetings and approvals from the board and supervisory committee [2][3]. - The initial grant of restricted stock amounted to 2.673 million shares, with subsequent adjustments and additional grants made over time [4][5]. 2. Release of Restrictions - The third release of restrictions pertains to 40 eligible participants, allowing them to trade 185,040 shares, which represents approximately 0.09% of the company's total shares [11]. - The conditions for the release of restrictions have been met, and the board has authorized the necessary actions to facilitate this [9][11]. 3. Historical Context - The company has undergone several rounds of stock grants and buybacks since the initiation of the incentive plan, including the buyback of shares from departing employees [6][7][8]. - Previous releases of restrictions occurred on December 15, 2022, and September 14, 2023, with respective volumes of 618,000 shares and 592,500 shares [6][7]. 4. Legal Compliance - The company has ensured that all actions taken regarding the stock incentive plan comply with relevant laws and regulations, including the Company Law and Securities Law [12][13].