OPPLE(SH:603515) Shang Hai Zheng Quan Bao·2025-11-03 20:41Core Viewpoint - The announcement details the completion of the first unlock period for the 2024 restricted stock incentive plan of Opple Lighting, allowing 1,369,254 shares to be listed and traded starting November 7, 2025 [5][8]. Group 1: Incentive Plan Approval and Implementation - The 2024 restricted stock incentive plan was approved by the board on July 11, 2024, and subsequently by the shareholders on August 9, 2024 [2][3]. - The first grant of restricted stocks was registered on October 8, 2024, with the first unlock period lasting from October 9, 2025, to October 7, 2026 [8][9]. - The board confirmed that the conditions for the first unlock period have been met, allowing 277 eligible participants to unlock their shares [9][13]. Group 2: Stock Listing and Flow Arrangement - A total of 1,369,254 shares will be listed for trading on November 7, 2025, as part of the incentive plan [5][14]. - The shares are categorized as equity incentive shares, and the subscription method was offline [5]. - The stock unlock conditions for directors and senior management include restrictions on share transfers during their tenure and for six months post-departure [14]. Group 3: Share Buyback and Cancellation - The company has initiated a buyback and cancellation of shares for 19 individuals who no longer qualify as incentive participants due to resignation, totaling 525,682 shares [11]. - An additional 330,484 shares will be repurchased from 15 individuals who also lost their qualification due to resignation [11].