万兴科技集团股份有限公司关于2024年员工持股计划锁定期届满暨第一批解锁的提示性公告

Core Viewpoint - The announcement details the completion of the lock-up period for the 2024 employee stock ownership plan of Wanjing Technology Group Co., Ltd, and outlines the subsequent unlocking and distribution arrangements for the shares held under this plan [1][2][4]. Summary by Sections Employee Stock Ownership Plan Overview - The employee stock ownership plan involves shares sourced from the company's repurchased A-shares, with a total of 462,700 shares transferred to the plan's dedicated account at a price of 40.00 yuan per share [2][3]. Lock-up Period and Unlocking Details - The lock-up period for the employee stock ownership plan is set for 12 months, starting from November 5, 2024, and ending on November 4, 2025. The first batch of unlockable shares amounts to 231,350 shares, representing 50% of the total shares in the plan and 0.12% of the company's total equity [2][3][4]. Subsequent Unlocking Arrangements - After the lock-up period, shares will be unlocked in three phases: 50% after 12 months, 30% after 24 months, and 20% after 36 months. The management committee will decide on the timing of the sale of unlocked shares and the distribution of proceeds to participants [4][5]. Compliance and Regulatory Adherence - The employee stock ownership plan will adhere to market trading rules and regulations set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange, with specific blackout periods for trading [5][6]. Plan Duration and Changes - The plan has a total duration of 60 months, with provisions for extension if shares remain unsold or undistributed at the end of the term. Changes to the plan require approval from the management committee and the board of directors [6][8][9]. Termination Conditions - The plan may terminate upon the completion of the share sales and distribution of assets or if there is a change in the company's controlling shareholder or significant corporate restructuring [7][9]. Ongoing Monitoring - The company will continuously monitor the implementation of the employee stock ownership plan and fulfill its information disclosure obligations as required by law [10].