Moon Environment Technology (SZ:000811) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-15 23:15Core Viewpoint - The company has announced that the first lock-up period for the restricted stock incentive plan of 2023 has met the conditions for release, allowing 286,000 shares to be unlocked for two incentive recipients, representing 0.0288% of the total share capital [2][10][16]. Summary by Sections 1. Announcement of Release Conditions - The first lock-up period for the restricted stock incentive plan has been fulfilled, allowing for the release of 286,000 shares for two recipients [2][10]. - The total share capital of the company is currently 992,638,145 shares [16]. 2. Approval Process and Disclosure - The company implemented the restricted stock incentive plan in 2023, granting a total of 17,270,000 shares to 621 recipients on September 8, 2023, and an additional 550,000 shares to 2 recipients on November 9, 2023 [2][4]. - The plan underwent necessary approvals from the board and supervisory committee, with independent opinions provided [3][4]. 3. Changes in Incentive Plan - The number of recipients for the incentive plan was adjusted from 642 to 623, resulting in a total of 17,820,000 shares being allocated [11]. - The company has made adjustments to the repurchase price of the restricted shares due to various factors, including employee turnover [12][13]. 4. Conditions for Release - The release conditions for the first lock-up period are based on the total number of shares granted, with 40% eligible for release after the specified period [15]. - The two recipients who are eligible for the release have met the performance criteria set forth in the incentive plan [18]. 5. Legal and Financial Opinions - Legal opinions confirm that the adjustments and release conditions comply with relevant laws and regulations [18]. - Independent financial advisors have also validated that the conditions for the release of the restricted shares have been met [19].