春雪食品集团股份有限公司关于2023年员工 持股计划第二个锁定期届满的公告

Core Viewpoint - The announcement details the completion of the second lock-up period for the 2023 employee stock ownership plan of Chunxue Food Group Co., Ltd, highlighting the company's compliance with legal requirements and the performance of the plan [2][9]. Summary of Key Points Employee Stock Ownership Plan Overview - The employee stock ownership plan was approved in meetings held on September 27, 2023, and October 13, 2023, with details available on the Shanghai Stock Exchange website [2]. - The plan includes a total of 750,000 shares, representing 0.375% of the company's total share capital [5]. Lock-up Period and Performance - The lock-up periods for the employee stock ownership plan are set at 12 months and 24 months, with a 50% release of shares at the end of each period [5]. - As of December 26, 2025, the second lock-up period has ended, but the performance targets were not met, resulting in no shares being unlocked for individual holders [6][9]. Financial Performance - For the fiscal year 2024, the company reported a revenue of approximately 2.51 billion yuan and a net profit of approximately 8.17 million yuan, indicating that the performance targets for the employee stock ownership plan were not achieved [6]. Subsequent Arrangements - Following the end of the second lock-up period, the management committee has the authority to sell the shares, with the proceeds being distributed according to the plan's stipulations [5][9]. - The management committee will decide on the timing and method of the sale based on market conditions [5]. Governance and Compliance - The board of directors and the remuneration and assessment committee have confirmed that the decision-making process regarding the employee stock ownership plan complies with relevant laws and regulations [9].