苏州西典新能源电气股份有限公司关于第一期员工持股计划首次受让部分第一个锁定期届满暨解锁条件成就的公告

Core Points - The first lock-up period of the employee stock ownership plan (ESOP) for Suzhou Xidian New Energy Electric Co., Ltd. has expired on October 15, 2025, allowing for the unlocking of shares [1][3] - The company has successfully completed the transfer of 907,543 shares to the ESOP account at a price of 13.92 yuan per share, representing 0.56% of the total share capital [2] - The unlocking of shares is based on both company-level performance assessments and individual performance evaluations, with a total of 101 participants meeting the unlocking conditions [4][6] Employee Stock Ownership Plan Implementation - The ESOP was approved during the board and shareholder meetings held in August 2024, with details disclosed on the Shanghai Stock Exchange [1] - The first batch of shares was transferred to the ESOP account on October 11, 2024, and the first lock-up period has now ended [3] Performance Assessment - Company-level performance targets for the ESOP are set for the fiscal years 2024-2026, with the 2024 audited revenue reported at approximately 2.16 billion yuan, meeting the unlocking criteria [5] - Individual performance evaluations resulted in all 101 remaining participants receiving a "qualified" rating, allowing for a 100% unlocking ratio at the individual level [6] Unlocking Details - The first unlocking phase allows for 40% of the shares to be unlocked, totaling 358,879 shares, which is 0.22% of the company's total share capital [6] - Following the expiration of the lock-up period, the management committee will decide on the timing of stock sales based on market conditions [4] Compliance and Disclosure - The company will adhere to market trading rules and relevant regulations regarding sensitive periods for stock trading [7] - Continuous monitoring of the ESOP's implementation will be conducted, with timely disclosures to investors as required by law [8]