Aotecar(SZ:002239) Shang Hai Zheng Quan Bao·2025-10-20 19:11Core Viewpoint - The company has announced the lifting of restrictions on a portion of its restricted stock incentive plan, allowing for the release of 23,571,252 shares, which represents 0.71% of the total share capital, effective October 23, 2025 [2][15]. Group 1: Incentive Plan Details - A total of 107 individuals meet the conditions for the lifting of restrictions on their restricted stock [2][15]. - The first lifting of restrictions is based on the completion of the first lock-up period, which lasted from the grant date of September 6, 2024, to September 20, 2025 [9][10]. - The total number of restricted shares eligible for release is 40% of the total granted shares under the incentive plan [9]. Group 2: Decision-Making Process - The company’s board of directors and supervisory board approved the incentive plan and its related documents during meetings held on June 17, 2024 [3][4]. - The plan was publicly disclosed on the company’s internal website from June 17 to June 27, 2024, with no objections received [4]. - The board also approved adjustments to the number of shares and the grant price due to changes in the company’s circumstances, including a cash dividend [11]. Group 3: Stock Structure Changes - Following the lifting of restrictions, the company’s total share capital will change from 3,309,623,844 shares to 3,308,833,844 shares [7]. - The stock grant price was adjusted from 1.27 yuan to 1.26 yuan per share due to the cash dividend [11]. - The final number of restricted shares after adjustments is 65,575,700 shares, with 108 individuals remaining eligible for the incentive plan [12].