Core Viewpoint - The announcement details the first unlock period of the 2024 restricted stock incentive plan for Hefei Jingsong Intelligent Technology Co., Ltd, allowing 559,340 shares to be released for trading on October 23, 2025, following the fulfillment of specific conditions [3][25]. Summary by Sections Incentive Plan Overview - The incentive plan involves the issuance of 1,205,474 shares of restricted stock to 32 individuals at a price of 6.75 yuan per share, with the shares sourced from the company's repurchased A-shares and newly issued shares [3][20]. - The plan's effective period lasts up to 36 months from the completion of the stock registration [6]. Unlock Conditions - The first unlock period lasts from October 22, 2024, to October 21, 2025, allowing for the release of 50% of the granted shares if conditions are met [22]. - The conditions for unlocking include the absence of negative audit opinions and the fulfillment of performance targets related to revenue and net profit growth [9][12]. Performance Assessment - The performance assessment for the incentive plan spans two fiscal years (2024-2025), with specific targets set for revenue and net profit growth [12][13]. - If the company meets either the revenue or net profit growth target, 100% of the shares can be unlocked; if they meet the trigger value, 80% can be unlocked [12][13]. Board Approval and Disclosure - The board approved the unlocking conditions on October 10, 2025, with a unanimous vote of 8 in favor [20]. - The company has disclosed all relevant information regarding the incentive plan and its execution in compliance with regulatory requirements [17][18]. Stock Release and Trading Restrictions - The released shares will be available for trading starting October 23, 2025, with specific restrictions on transfer for directors and senior management during their tenure and for six months post-departure [25][26]. - The total number of shares eligible for release represents 0.56% of the company's total equity [25].
合肥井松智能科技股份有限公司关于2024年限制性股票激励计划第一个解除限售期解除限售暨上市流通的公告