SIFANG(SH:601126) Shang Hai Zheng Quan Bao·2025-09-18 19:46Core Points - The company announced the first unlock period for the reserved grant of the "Qihang No. 2 Restricted Stock Incentive Plan" has been achieved, allowing 662,500 shares to be listed for trading on September 24, 2025 [1][10] - A total of 64 incentive recipients will benefit from this unlock, representing approximately 0.08% of the company's total share capital [10] Summary by Sections Incentive Plan Approval and Implementation - The "Qihang No. 2 Restricted Stock Incentive Plan" was approved by the board on September 18, 2023, and the independent directors expressed their agreement [2][3] - The plan's incentive recipient list was publicly disclosed from September 19 to September 28, 2023, with no objections received [2] - The first temporary shareholders' meeting in 2023 approved the plan and related matters on October 16, 2023 [2][3] Stock Grant and Unlock Conditions - The total number of restricted stocks granted under this plan is 19.079 million shares, with the first unlock period conditions now met [4][11] - The unlock period for the reserved grant began on September 23, 2024, and will last until September 23, 2025, allowing for 50% of the reserved shares to be unlocked [8][9] Legal and Financial Advisory Opinions - Legal opinions confirm that the necessary approvals and authorizations for the unlock conditions have been obtained, complying with relevant laws and regulations [10][12] - The independent financial advisor also affirmed that the conditions for the first unlock period have been met and necessary approvals secured [11][12]