Core Viewpoint - Jiangxi Hongbo New Materials Co., Ltd. announced the repurchase and cancellation of a total of 2.685155 million restricted stocks due to the disqualification of certain incentive objects and failure to meet performance assessment targets for 2024 [1][4]. Group 1: Reasons for Repurchase and Cancellation - The company will repurchase and cancel 378,924 shares due to the departure of 9 incentive objects who no longer qualify [2][3]. - A total of 2,306,231 shares will be repurchased and canceled because the company did not meet the performance assessment targets of a net profit of no less than 400 million yuan or operating income of no less than 2.5 billion yuan for 2024 [3][4]. Group 2: Details of the Repurchase - The repurchase price for the initial grant of restricted stocks is set at 3.556 yuan per share plus interest, while the reserved grant price is 6.003 yuan per share plus interest [2][5]. - The total number of restricted stocks to be repurchased and canceled is 2.685155 million shares, involving 201 incentive objects [2][5]. Group 3: Changes in Share Capital Structure - After the repurchase and cancellation, the company's total share capital will decrease from 635,017,827 shares to 632,332,672 shares [5]. - The remaining restricted stocks under the 2022 equity incentive plan will be zero after this cancellation [5]. Group 4: Shareholder Holding Ratio Changes - The holding ratios of major shareholders will slightly increase post-cancellation, with Hongbo Chemical Co., Ltd. increasing from 21.6771% to 21.7681% [6]. - The total holding ratio of the major shareholders will rise from 40.9657% to 41.1375% [6]. Group 5: Legal Compliance and Commitments - The company confirms that the decision-making process and information disclosure regarding the repurchase comply with relevant laws and regulations [7][8]. - The company has ensured that all information related to the repurchase is accurate and has informed the relevant incentive objects, who have not raised objections [8].

Core Viewpoint - The announcement details the stock option incentive plans for 2022 and 2023 by Hengsheng Electronics Co., Ltd, highlighting the number of options available for exercise and the lack of participation in the second quarter of 2025 [1][2]. Summary by Sections 2022 Stock Option Incentive Plan - The second exercise period for the 2022 stock option incentive plan allows for the exercise of 3.942347 million options, with the actual exercise period from October 9, 2024, to September 12, 2025, and the exercise method being self-exercise [1]. - In the second quarter of 2025, no incentive participants exercised their options, resulting in a total of 0 shares being transferred [1]. - The exercise price for the 2022 plan was adjusted multiple times, ultimately decreasing from 34.88 CNY per share to 34.52 CNY per share [1]. 2023 Stock Option Incentive Plan - The first exercise period for the 2023 stock option incentive plan allows for the exercise of 5.711400 million options, with the actual exercise period from October 9, 2024, to September 11, 2025, and the exercise method being self-exercise [1]. - Similar to the 2022 plan, no incentive participants exercised their options in the second quarter of 2025, resulting in a total of 0 shares being transferred [2]. - The exercise price for the 2023 plan was adjusted from 39.44 CNY per share to 39.21 CNY per share [2]. General Information - The company conducted internal reviews and public disclosures regarding both incentive plans, with independent directors providing opinions and the supervisory board confirming the eligibility of the incentive participants [1][2]. - The total number of shares before and after the incentive plans remains unchanged at 1,891,767,477 shares, with no shares subject to trading restrictions [2].

Core Viewpoint - The company has approved the list of incentive recipients for the 2024 restricted stock incentive plan, confirming compliance with relevant regulations and internal procedures [1][2][3] Group 1: Public Disclosure and Verification - The company publicly disclosed the list of proposed incentive recipients on June 21, 2025, on the Shanghai Stock Exchange website, allowing a 10-day period for employee feedback [1] - No objections were raised by employees during the public comment period [2] Group 2: Supervisory Board Review - The supervisory board verified the qualifications of the proposed incentive recipients, ensuring they meet the legal and regulatory requirements as well as the company's internal guidelines [2][3] - The proposed recipients include key technical personnel and others deemed necessary for motivation, excluding independent directors and supervisors [2][3]

Core Viewpoint - The announcement details the completion of the second vesting period for the 2022 Restricted Stock Incentive Plan, with 514,285 shares set to be listed on July 4, 2025, for 41 eligible participants [1][2][19]. Summary by Sections Incentive Plan Overview - The 2022 Restricted Stock Incentive Plan includes provisions for the issuance of restricted stocks to directors, senior management, and key personnel, excluding independent directors and major shareholders [2][3]. - The total number of restricted stocks granted under this plan is 380,000 shares, which does not exceed 20% of the company's total equity [2]. Vesting Conditions - The vesting period for the restricted stocks is set for a maximum of 72 months, with specific performance targets for each vesting period [3][4]. - The first vesting period requires a net profit of 150 million RMB for 2023, 180 million RMB for 2024, and 240 million RMB for 2025 [4][17]. Performance Assessment - The performance assessment for the company is based on achieving specified net profit targets, with a scale for determining the vesting ratio based on performance completion rates [6][18]. - Individual performance assessments will also be conducted, affecting the number of shares that can be vested for each participant [18]. Share Listing and Restrictions - The shares from this vesting will be listed on July 4, 2025, with a total of 514,285 shares available for trading [1][20]. - There are restrictions on the transfer and sale of shares by directors and senior management, including a limit of 25% of their total holdings for sales [20]. Financial Impact - The total share capital will increase from 230,739,261 shares to 231,253,546 shares following the vesting, which will dilute earnings per share but is not expected to significantly impact the company's financial condition [21][22]. Legal and Compliance - The company has obtained necessary approvals and authorizations for the vesting of shares, ensuring compliance with relevant laws and regulations [22][23].

Investment Rating - The investment rating for TCL Technology is "Buy" [1] Core Views - The report highlights the implementation of an employee stock ownership plan and the transfer of minority equity, which is expected to enhance long-term value [5] - The company aims for significant revenue and profit growth in 2025, with targets set at a minimum revenue of 272.92 billion and net profit of 2.96 billion [4] - The report emphasizes the stability of panel prices and the benefits from multiple production line acquisitions, which are anticipated to support consistent performance in the display business [5] Summary by Sections Employee Stock Ownership Plan - The employee stock ownership plan involves 6 senior executives and covers 3,600 employees, with total funding not exceeding 800 million [3] - The plan includes a 12-month lock-up period, with stock distribution scheduled for May 30, 2026, and subsequent selling options based on market conditions [3] Performance Targets - Key performance indicators for the plan require an average annual growth rate of at least 30% in net profit and revenue for 2024 and 2025 [4] - The company projects a revenue growth rate of at least 65.44% and a net profit growth rate of at least 89.38% for 2025 [4] Strategic Developments - The completion of minority equity transfers for the 11th generation production lines is expected to enhance the company's display business profitability [5] - The report suggests that the company's long-term value is becoming more prominent against a backdrop of stable fundamentals [5] Financial Forecasts - Revenue projections for 2025-2027 are estimated at 193.99 billion, 227.59 billion, and 269.40 billion respectively, with EPS expected to be 0.32, 0.45, and 0.62 [7] - The report anticipates a significant recovery in profitability, with net profit expected to grow from 6.04 billion in 2025 to 11.71 billion in 2027 [7]

Core Viewpoint - The legal opinion letter from Haiwen & Partners outlines the achievements of the vesting conditions for the incentive plans of Anker Innovations Technology Co., Ltd. for the years 2022, 2023, and 2024, including the cancellation of certain restricted stocks and adjustments to grant prices [1][5][21]. Group 1: Vesting Conditions Achievements - The vesting period for the 2022 incentive plan is from July 12, 2025, to July 11, 2026, with a vesting ratio of 1/3 of the total restricted stocks granted [9][12]. - The 2022 incentive plan's third vesting condition has been achieved, allowing for the vesting of 1.441268 million shares to 249 eligible participants [12][23]. - The 2023 incentive plan's second vesting period is from July 25, 2025, to July 24, 2026, with a vesting ratio of 1/2 of the total restricted stocks granted [13][15]. - The 2023 incentive plan's second vesting condition has been achieved, allowing for the vesting of 1.188652 million shares to 144 eligible participants [15][23]. - The 2024 incentive plan's first vesting period is from July 16, 2025, to July 15, 2026, with a vesting ratio of 1/2 of the total restricted stocks granted [17][20]. - The 2024 incentive plan's first vesting condition has been achieved, allowing for the vesting of 2.007706 million shares to 281 eligible participants [20][23]. Group 2: Cancellations and Price Adjustments - A total of 186,639 shares of restricted stock will be canceled due to 175 participants from the 2022 plan, 49 from the 2023 plan, and 24 from the 2024 plan, who no longer meet eligibility criteria due to leaving the company [21][22]. - The grant price for the 2022 incentive plan has been adjusted from 27.71 CNY to 26.21 CNY per share [21][22]. - The grant price for the 2023 incentive plan has been adjusted from 40.46 CNY to 38.96 CNY per share [22]. - The grant price for the 2024 incentive plan has been adjusted from 40.02 CNY to 38.52 CNY per share [22].

北京海润天睿律师事务所 朝阳区建外大街甲14号广播大厦5层、9层、10层、13层、17层 邮政编码：100022 电话：010-65219696 传真：010-88381869 二〇二五年六月 北京海润天睿律师事务所 关于爱玛科技集团股份有限公司 部分股权激励限制性股票回购注销实施的法律意见书 致：爱玛科技集团股份有限公司 关于爱玛科技集团股份有限公司 部分股权激励限制性股票回购注销实施的法律意见书 中国·北京 北京海润天睿律师事务所（以下简称"本所"）接受爱玛科技集团股份有限 公司（以下简称"爱玛科技"或"公司"）的委托，担任公司"2024 年限制性 股票激励计划"（以下简称"本激励计划"）的法律顾问。根据现行有效适用的 《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证 券法》（以下简称"《证券法》"）、《上市公司股权激励管理办法》（以下简 称"《管理办法》"）等有关法律法规的规定，为公司回购注销部分限制性股票 （以下简称"本次回购注销"）相关事项，出具本法律意见书。 为出具本法律意见书，本所律师审阅了《爱玛科技集团股份有限公司2024 年限制性股票激励计划（草案）》（以下简称"《激励 ...

证券代码：603486 证券简称：科沃斯 公告编号：2025-049 转债代码：113633 转债简称：科沃转债 科沃斯机器人股份有限公司 股权激励限制性股票回购注销实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ●回购注销原因：科沃斯机器人股份有限公司（以下简称"公司"）于 2025 年 通过了《关于回购注销部分激励对象已获授但尚未解除限售的限制性股票的议案》。 鉴于公司 2024 年股票期权与限制性股票激励计划首次授予的邹晓静等 77 名激励对象 因离职已不再符合《上市公司股权激励管理办法》及公司《2024 年股票期权与限制 性股票激励计划（草案）》的相关规定继续参与公司激励计划的资格，公司拟对其持 有的已获授但尚未解除限售的 489,300 股限制性股票予以回购注销。 ●本次注销股份的有关情况 二、本次限制性股票回购注销情况 （一）本次回购注销限制性股票的原因及依据 象因辞职、公司裁员而离职，自情况发生之日起，其已获授但尚未行权的期权不得 行权，由公司注销，已获授但尚未解除限售的限制性股票不得解 ...

Core Viewpoint - The company announced the repurchase and cancellation of 14,000 restricted stocks due to one incentive object resigning, with a repurchase price of 9.47 yuan per share [1][6][10]. Summary by Sections Announcement Details - The company’s board approved the repurchase of restricted stocks at a meeting held on June 30, 2025, following the resignation of one incentive object [1][2]. - The total number of restricted stocks to be repurchased is 14,000 shares, which represents 0.01% of the total share capital of 114,739,776 shares as of June 29, 2025 [6][7]. Repurchase Price and Funding - The repurchase price for the restricted stocks is set at 9.47 yuan per share, totaling 132,580 yuan, which will be funded entirely from the company’s own funds [6][7]. Impact on Share Capital Structure - After the repurchase and cancellation, the company’s total share capital will decrease from 114,739,776 shares to 114,725,776 shares [7][9]. - The number of restricted shares will decrease from 2,156,103 to 2,142,103 shares, while the number of unrestricted shares remains unchanged at 112,583,673 [8]. Compliance and Approval - The repurchase has been authorized by the company’s third extraordinary general meeting in 2024, and no further shareholder approval is required [6][9]. - The supervisory board has confirmed that the repurchase complies with relevant regulations and will not adversely affect the company’s financial status or operational results [9][10].

Core Viewpoint - The legal opinion letter from Beijing Pu Hua Law Firm addresses the conditions for the second release of restrictions on the 2022 restricted stock incentive plan of Ruiskanda Technology Development Co., Ltd. and the repurchase and cancellation of certain restricted stocks due to unmet performance conditions [2][3][22]. Group 1: Legal Framework and Approval - The law firm was commissioned to provide legal services for the implementation of the 2022 restricted stock incentive plan, relying on relevant laws and the company's articles of association [2][3]. - The board of directors approved various resolutions related to the incentive plan, including the authorization for the board to handle related matters [7][12]. - The independent directors expressed their agreement with the implementation of the incentive plan [7][12]. Group 2: Repurchase and Cancellation of Restricted Stocks - The company will repurchase and cancel a total of 608.25 million shares of restricted stocks due to 25 incentive objects losing their eligibility and performance conditions not being met [15][22]. - The repurchase price for the restricted stocks was adjusted to 3.834 yuan per share, with a total repurchase fund of 16,675,983 yuan [21][22]. - The performance targets for the second release of restrictions were not achieved, leading to the cancellation of the corresponding restricted stocks [13][20]. Group 3: Performance Conditions - The performance assessment for the second release of restrictions was based on a revenue growth target of not less than 30% compared to 2021, with a trigger value of not less than 24% [13][16]. - The company's audited revenue growth for 2023 was below the required threshold, resulting in the failure to meet the performance conditions [20][22].