MAIXINLIN(SH:688685) Shang Hai Zheng Quan Bao·2025-11-13 19:12Core Viewpoint - Jiangsu Maxinlin Aviation Technology Co., Ltd. has announced the results of the first vesting period of its 2024 restricted stock incentive plan, with 1,425,000 shares set to be listed on November 18, 2025 [2][4]. Summary by Sections Stock Listing and Incentive Plan - The stock listing type is for equity incentive shares, with a total of 1,425,000 shares to be listed [2][3]. - The shares will be available for trading starting November 18, 2025 [4]. Decision-Making Process and Disclosure - On August 28, 2024, the company held a board meeting to approve the incentive plan and its management measures [6]. - The company conducted a public announcement regarding the independent directors' solicitation of voting rights on August 29, 2024 [5]. - The names and positions of the incentive plan participants were publicly disclosed from August 29 to September 7, 2024, with no objections received [5]. Vesting Details - A total of 24 individuals will benefit from the stock vesting, as one participant lost eligibility due to resignation [8]. - The shares are sourced from the company's A-share common stock issued to the incentive participants [8]. Capital Changes and Financial Impact - Following the vesting, the company's total share capital will increase from 145,426,667 shares to 146,851,667 shares [9]. - The new shares represent approximately 0.98% of the total shares before vesting, which will dilute the earnings per share but will not significantly impact the company's financial status [11]. Verification and Registration - The verification report by Lianda Accounting Firm confirmed that the company received a total of RMB 18,525,000 from the 24 participants, with RMB 1,425,000 as registered capital [10]. - The share registration procedures were completed on November 12, 2025 [10].