Bestechnic (Shanghai) (SH:688608) Shang Hai Zheng Quan Bao·2025-11-03 20:02Core Viewpoint - The announcement details the completion of the second vesting period for the 2023 restricted stock incentive plan of Hengxuan Technology, with a total of 316,029 shares vested from shares repurchased in the secondary market [2][12]. Group 1: Stock Vesting Details - The number of shares vested in this period is 316,029 shares [2]. - The shares for this vesting come from the company's repurchase of its A-share common stock from the secondary market [8]. - A total of 113 incentive recipients are involved in this vesting [9]. Group 2: Decision-Making Process - The decision-making process for the incentive plan included multiple board and supervisory meetings, with independent opinions provided by independent directors [3][5]. - The plan was publicly disclosed and underwent a period of internal review without objections from employees [4][6]. Group 3: Financial and Capital Changes - The company received a total of 28,901,439.03 RMB from 210 incentive recipients for the exercise of 643,541 shares, resulting in an increase in registered capital of 327,512 RMB [11]. - The total registered capital after the changes is 168,693,735 RMB, with no change in the total number of shares due to the nature of the stock source [11].