Berun Chemical(SZ:000683) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-15 15:43Core Viewpoint - The company has successfully met the conditions for the first unlock period of its 2023 restricted stock incentive plan, allowing 35 eligible participants to unlock a total of 3.558 million shares, representing approximately 0.0957% of the company's total share capital, with the unlock date set for October 17, 2025 [2][12]. Summary by Sections Incentive Plan Details - The 2023 restricted stock incentive plan has undergone necessary approval processes, including board and supervisory committee meetings, with independent directors providing opinions and the supervisory committee verifying the plan [2][3]. - The plan's first unlock period conditions have been met, allowing for the release of shares for 35 participants [7][11]. Share Unlocking Process - The company held a series of meetings to approve the unlocking of shares, with the first unlock period for the reserved grant set to expire on August 25, 2025 [7][12]. - The total number of shares eligible for unlocking is 3.558 million, with the unlock date confirmed as October 17, 2025 [12]. Adjustments to the Incentive Plan - Adjustments were made to the number of participants and shares due to changes in eligibility, resulting in a reduction of the total number of restricted shares from 13 million to 12.97 million [8][9]. - The company has also planned to repurchase and cancel shares from participants who no longer meet the eligibility criteria, totaling 940.60 thousand shares, which is 0.25% of the total share capital [9][10]. Future Actions - The company will continue to monitor and adjust the incentive plan as necessary, with further meetings scheduled to address any additional changes or repurchases of restricted shares [10][11].