Fuxin Technology(SH:688662) Shang Hai Zheng Quan Bao·2025-09-26 18:39Core Points - The announcement details the completion of the first lock-up period for the 2024 Partner Stock Ownership Plan of Guangdong Fuxin Technology Co., Ltd, which was approved by the board and relevant meetings [1][2][4]. Group 1: Stock Ownership Plan Overview - The stock ownership plan involves the repurchase of 2,290,000 shares, which were transferred to the plan's securities account at a price of 15.00 yuan per share [2][3]. - The plan's first lock-up period will end on September 27, 2025, with a total duration of 60 months and three unlocking phases [4][5]. Group 2: Performance Assessment - The performance assessment for unlocking shares includes both company-level and individual-level evaluations, with specific targets set for the fiscal years 2024 to 2026 [4][5]. - The company achieved a revenue of 516 million yuan and a net profit of 47.2874 million yuan for the year 2024, meeting the company-level performance criteria for the first unlocking phase [5][6]. Group 3: Unlocking Conditions - Out of 46 participants in the plan, 44 achieved an "A" rating, allowing for a 100% unlocking ratio, while 2 participants received a "B" rating, resulting in an 80% unlocking ratio [6]. - The management committee will handle any shares that cannot be unlocked due to individual performance issues, with options for redistribution or sale [6]. Group 4: Post-Lockup Arrangements - After the lock-up period, the management committee will sell the corresponding shares as authorized by the participants, distributing the proceeds according to their shareholdings [7]. - The plan will adhere to market trading rules and regulations regarding trading restrictions during sensitive periods [7]. Group 5: Ongoing Monitoring - The company will continue to monitor the implementation of the stock ownership plan and fulfill its disclosure obligations as required by law [8].