HXG(SH:603112) Shang Hai Zheng Quan Bao·2025-10-16 20:51Core Viewpoint - The announcement details the results of the reserved grant of restricted stock under the 2024 incentive plan by Shanxi Huaxiang Group Co., Ltd, including the number of shares granted, the grant price, and the impact on the company's share structure [2][9]. Summary by Sections Restricted Stock Grant Situation - The reserved grant date for the restricted stock is August 27, 2025, with a total of 1,000,000 shares granted at a price of RMB 7.88 per share to 14 eligible participants [2][4]. - The actual number of shares granted matches the previously disclosed figures, with no discrepancies noted [3]. Validity and Lock-up Period - The validity period of the incentive plan lasts until all granted restricted stocks are either released from lock-up or canceled, not exceeding 54 months [5]. - The lock-up period for the granted stocks is a minimum of 12 months from the grant date, during which the stocks cannot be transferred or used as collateral [6]. Registration and Impact on Share Structure - The registration of the reserved grant of restricted stocks was completed on October 15, 2025, with the total number of shares increasing from 539,170,563 to 540,170,563 [8][9]. - The controlling shareholder's ownership percentage decreased from 55.23% to 55.13% due to the increase in total shares [9]. Fundraising and Financial Impact - The funds raised from the reserved grant will be used to supplement the company's working capital [10]. - The accounting impact of the restricted stock grant will be assessed based on the number of stocks that can be released from lock-up and performance indicators, with adjustments made in the financial statements accordingly [10].