江苏鱼跃医疗设备股份有限公司关于2023年度员工持股计划首次受让部分第二个锁定期和预留受让部分第一个锁定期届满的公告

Core Viewpoint - The announcement details the status and performance of the 2023 Employee Stock Ownership Plan (ESOP) of Jiangsu Yuyue Medical Equipment Co., Ltd., highlighting the completion of lock-up periods and the failure to meet performance targets for certain stock portions [1][5]. Group 1: Employee Stock Ownership Plan Overview - The ESOP was approved during the board and shareholder meetings held on September 12 and September 28, 2023, respectively [1]. - The first transfer portion of the ESOP has a lock-up period that ended on November 16, 2025, while the first lock-up period for the reserved transfer portion will end on November 19, 2025 [2][4]. Group 2: Stock Transfer Details - A total of 5,757,225 shares were transferred to the ESOP account at a price of 17.30 yuan per share, representing 0.57% of the company's total share capital [2]. - An additional 472,942 shares were transferred at a price of 16.10 yuan per share, accounting for 0.0472% of the total share capital [3]. Group 3: Performance Assessment and Future Arrangements - The performance targets for the second lock-up period of the first transfer portion and the first lock-up period of the reserved transfer portion were not met, as confirmed by an audit report [5]. - If performance targets are not achieved, the rights of all holders during the corresponding unlock period will be reclaimed by the management committee, with proceeds from any subsequent sale being used to return original investments and interest to the holders [5]. Group 4: Compliance and Regulations - The ESOP will adhere to market trading rules and regulations set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange, including restrictions on trading during sensitive periods [6]. - The ESOP has a duration of 60 months, starting from the date of the last stock transfer to the plan, and can be extended with the approval of two-thirds of the holders [6][8]. Group 5: Termination and Distribution - The ESOP will automatically terminate upon the expiration of its duration, or can be terminated early if all stocks are sold [8]. - Upon termination, the management committee is required to complete the liquidation within 15 working days and distribute assets according to the holders' shares [9].