深圳市星源材质科技股份有限公司关于2024年限制性股票激励计划首次授予部分第一个归属期归属结果暨股份上市公告

Core Viewpoint - The company has approved the first vesting results of its 2024 restricted stock incentive plan, allowing 47 eligible participants to receive a total of 6,232,500 shares, which represents 0.46% of the company's total share capital, with a revised vesting price of 3.70 yuan per share [1][16][13]. Summary by Sections Incentive Plan Overview - The incentive plan was approved on September 27, 2024, and involves the issuance of restricted stocks to 50 participants, including directors and key personnel, excluding independent directors and major shareholders [1][2]. - The initial grant price was set at 3.75 yuan per share, which has since been adjusted to 3.70 yuan [2][13]. Vesting Conditions - The restricted stocks will vest 12 months after the grant date, contingent upon meeting specific performance criteria [3][5]. - The performance assessment period spans from 2024 to 2026, with annual evaluations determining the vesting eligibility based on company performance [6][7]. Approval Process - The plan underwent several approval stages, including board meetings and shareholder votes, with public disclosures made regarding the eligible participants [9][10]. - The board confirmed that the vesting conditions for the first tranche have been met, allowing for the distribution of shares to the eligible participants [11][14]. Changes in Participants - Three participants were disqualified due to resignation, resulting in the cancellation of 165,000 shares that were previously granted but not vested [12][15]. Listing and Trading Arrangements - The shares will be listed for trading on October 17, 2025, with no additional lock-up period imposed on the vested shares [17]. - Restrictions apply to board members and senior management regarding the transfer of shares during their tenure and for six months post-resignation [18]. Financial Impact - The issuance of these shares will increase the total share capital from 1,341,891,639 shares to 1,348,124,139 shares, which may dilute earnings per share and net asset returns, but is not expected to significantly impact the company's financial status [19][20]. Legal Compliance - Legal opinions confirm that the adjustments and vesting conditions comply with relevant regulations and the company's internal policies [22].