MGI(SH:688114) Shang Hai Zheng Quan Bao·2025-10-14 19:09Core Viewpoint - The announcement details the upcoming release of 1,224,730 shares from the stock option incentive plan of Shenzhen BGI Tech Co., Ltd., which will be available for trading starting October 21, 2025 [2][4]. Group 1: Stock Listing Details - The shares being listed are part of an equity incentive program, specifically the first exercise period of the 2020 stock option incentive plan [2]. - The total number of shares to be listed is 1,224,730 [3]. - The shares will be available for trading on October 21, 2025 [4]. Group 2: Share Capital Changes - After the initial public offering (IPO), the total share capital of the company was 413,110,000 shares [5]. - Following the exercise of stock options, the total share capital increased to 414,334,730 shares after the first exercise period [6]. - The company has seen further increases in share capital due to subsequent exercises of stock options, reaching 416,516,155 shares after the third exercise period [6]. Group 3: Lock-up Period and Commitments - The lock-up period for the shares is three years from the exercise date, which began on October 21, 2022 [9]. - Incentive recipients, including directors and senior management, are subject to specific transfer restrictions during their tenure and for six months post-departure [7][8]. - The company has outlined commitments for incentive recipients to adhere to relevant securities regulations regarding share transfers [8].