Core Viewpoint - The announcement details the completion of the second lock-up period for the 2023 employee stock ownership plan of Shenzhen Aoto Electronics Co., Ltd, including the sale of unlocked shares and compliance with regulatory requirements [1][4]. Group 1: Employee Stock Ownership Plan - The employee stock ownership plan was established using shares repurchased by the company between February 4, 2021, and September 19, 2022 [1]. - The second lock-up period for the employee stock ownership plan ended on September 28, 2025, allowing for the release of 1,400,000 shares, which is 35% of the total shares held under this plan [3]. Group 2: Share Transfer and Sale - On September 26, 2023, 4,000,000 shares were transferred to the employee stock ownership plan account, representing 0.6139% of the company's total share capital at that time [2]. - The committee sold the unlocked shares (1,400,000 shares) on September 29, 2025, which accounted for 0.2155% of the current total share capital [4]. Group 3: Compliance and Future Actions - The company adhered to market trading rules and regulations during the implementation of the employee stock ownership plan, ensuring no insider trading occurred [4]. - The company will continue to monitor the progress of the employee stock ownership plan and fulfill its information disclosure obligations as required by law [4].
深圳市奥拓电子股份有限公司关于2023年员工持股计划第二个锁定期解锁股份出售完毕的公告