Core Viewpoint - The company has announced the implementation of the first exercise period for its 2024 stock option and restricted stock incentive plan, allowing for the exercise of 921,873 stock options starting from August 29, 2025 [1][2][12]. Summary by Relevant Sections Incentive Plan Approval and Implementation - The 2024 stock option and restricted stock incentive plan has undergone the necessary review procedures and was approved in meetings held on July 29, 2025 [2][3]. - The plan includes a public notice period from July 9 to July 18, 2024, during which the list of incentive recipients was verified by the supervisory board [2]. Stock Option Grant Details - The initial grant of stock options occurred on July 26, 2024, with a total of 3.359 million stock options granted, and the exercise price set at 16.68 yuan per share [8][9]. - The registration of the first grant of 1.446 million restricted stocks was completed on August 13, 2024 [4]. Exercise Conditions and Performance Metrics - The first exercise period for the stock options is defined as the period from the first trading day after 12 months from the grant date until the last trading day within 24 months from the grant date [10]. - The company has set performance targets for the fiscal years 2024 to 2026, with specific revenue and net profit growth rates required for the exercise of options [11]. Exercise and Cancellation of Options - The company will allow 113 eligible incentive recipients to exercise a total of 921,873 stock options, which represents 27.44% of the total options granted [12][13]. - A total of 169,000 stock options have been canceled due to non-fulfillment of exercise conditions [7]. Legal and Financial Compliance - The supervisory board has confirmed that the exercise and release of restrictions on the stock comply with relevant regulations and that the qualifications of the incentive recipients are valid [15]. - The company has accounted for the stock option expenses in accordance with accounting standards, ensuring that the exercise will not significantly impact its financial status [15].

Group 1 - The stock price of Gongchuang Turf (605099.SH) fell by 3.65% to 30.11 yuan, marking a new low since June 5, over two months ago [1] - Gongchuang Turf announced that Chuangxiang Investment and Wang Qiangzhong plan to reduce their holdings through the Shanghai Stock Exchange trading system, with a maximum reduction of 1.485 million shares and 1.727 million shares respectively [1] - The planned reductions represent up to 0.37% and 0.43% of the company's total shares [1]

Group 1 - The core revenue composition of Jiangsu Gongchuang Turf Co., Ltd. for the year 2024 is 99.42% from artificial turf and 0.58% from other businesses [1] Group 2 - As of the announcement date, Huai'an Chuangxiang Venture Investment Center holds 5.94 million unrestricted circulating shares, accounting for 1.48% of the total share capital [3] - Mr. Wang Qiangzhong holds approximately 9.7 million unrestricted circulating shares, representing 2.42% of the total share capital [3] - The controlling shareholder, Chuangxiang Investment, and Mr. Wang Qiangzhong plan to reduce their holdings by up to 148,000 shares and 173,000 shares, respectively, which is 0.37% and 0.43% of the total shares [3]

Core Viewpoint - Jiangsu Gongchuang Artificial Turf Co., Ltd. experienced a significant stock price decline, with a cumulative drop of over 20% across three consecutive trading days, triggering abnormal trading conditions as per Shanghai Stock Exchange regulations [2][4]. Group 1: Stock Price Fluctuation - The company's stock price fell on August 1, August 4, and August 5, 2025, with a cumulative closing price drop exceeding 20%, qualifying as an abnormal trading situation [2][4]. - The company conducted a self-examination and confirmed that its main business operations remain normal, with no significant changes in the internal or external operating environment [5]. Group 2: Verification of Major Events - The company verified with its controlling shareholders and actual controllers that there are no undisclosed major events, including significant asset restructuring, share issuance, or major business collaborations [6]. - No media reports or market rumors have been identified that could impact the company's stock price, and no other sensitive information has been found that could significantly affect the stock price [7][8]. Group 3: Stock Option Cancellation - The company announced the cancellation of a total of 43,527 stock options due to the departure of incentive targets and failure to meet performance assessment targets [12][14]. - The cancellation of stock options will not affect the company's capital structure or have a substantial impact on its financial status and operating results [14].

Core Viewpoint - The company, Gongchuang Turf (605099.SH), announced that its stock price has experienced an abnormal fluctuation, with a cumulative increase of over 20% in closing prices over three consecutive trading days [1] Group 1: Company Operations - The company conducted a self-examination and confirmed that its production and operational conditions are normal [1] - There have been no significant changes in the internal and external operating environment [1] - The company does not have any major undisclosed matters that need to be revealed [1] Group 2: Market Environment - The company's products are primarily export-oriented [1] - There remains significant uncertainty regarding the current U.S. tariff policies, which the company will continue to monitor and assess for potential impacts [1]

Core Viewpoint - Jiangsu Gongchuang Artificial Turf Co., Ltd. is adjusting its stock option exercise price and repurchase price for restricted stocks, along with the cancellation of certain stock options and the conditions for the first exercise period and the first lifting of restrictions [3][11]. Summary by Sections Legal Framework - The adjustments are based on the Company Law, Securities Law, and relevant regulations from the China Securities Regulatory Commission [2][3]. Approval Process - On July 8, 2024, the company held its third board meeting to approve the 2024 long-term incentive plan and related proposals, which were compliant with the regulations [4][6]. - The supervisory board also approved the incentive plan on the same day, confirming the legality of the proposed incentive objects [5][6]. Stock Option and Restricted Stock Details - On July 26, 2024, the company granted stock options totaling 3.359 million shares at an exercise price of 16.68 yuan per share and 1.446 million restricted stocks at a price of 9.81 yuan per share [8][9]. Adjustments to Prices - The exercise price for stock options was adjusted to 16.04 yuan per share after accounting for a cash dividend of 0.64 yuan per share [12]. - The repurchase price for restricted stocks was adjusted to 9.17 yuan per share, also considering the cash dividend [12]. Repurchase and Cancellation - The company will cancel 12,000 stock options due to the departure of certain incentive objects and will repurchase 835 restricted stocks and 31,527 stock options due to unmet performance conditions [13]. Conditions for Exercise and Lifting of Restrictions - The first exercise period for stock options is set from August 8, 2025, to the last trading day within 24 months from the grant date [15]. - The conditions for lifting restrictions on the first batch of restricted stocks have been met, with 113 incentive objects eligible to exercise options for 921,873 shares and 13 objects eligible to lift restrictions on 432,965 shares [23]. Conclusion - The adjustments, repurchases, and cancellations have received the necessary approvals and are in compliance with relevant regulations, with the company required to fulfill subsequent disclosure obligations [24].

证券代码：605099 证券简称：共创草坪 公告编号：2025-031 江苏共创人造草坪股份有限公司 关于回购注销部分限制性股票及注销部分股票期权 的公告 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个别及连带责任。 重要内容提示： ? 本次回购注销限制性股票数量：835 股 ? 本次回购注销限制性股票价格：9.17 元/股 一、本次股权激励计划已履行的决策程序和信息披露 第二次会议，审议通过《关于公司<2024 年股票期权与限制性股票激励计划（草 案）>及其摘要的议案》《关于公司<2024 年股票期权与限制性股票激励计划实 施考核管理办法>的议案》等相关议案。公司监事会对本次股权激励计划相关事 项进行核实并出具了相关核查意见。 公示时间为 2024 年 7 月 9 日至 2024 年 7 月 18 日。公示期满后，监事会对本次 股权激励计划首次授予激励对象名单进行了核查并对公示情况进行了说明，并于 股票期权与限制性股票激励计划首次授予激励对象名单的核查意见及公示情况 说明》。 《关于公司<2024 年股票期权与限制性股票激励计划（草 ...

Group 1 - The company, Gongchuang Turf, announced the convening of its third board meeting on July 29, 2025, via communication methods to discuss the proposal regarding the repurchase and cancellation of certain restricted stocks and stock options under the 2024 stock option and restricted stock incentive plan [2] - For the fiscal year 2024, Gongchuang Turf's revenue composition is as follows: artificial turf accounts for 99.42% and other businesses account for 0.58% [2]

Core Points - The "Village Super" football field in Rongjiang County, Guizhou Province, was severely damaged by heavy rainfall and flooding, prompting emergency responses and significant infrastructure damage [1] - The football field is set to reopen for matches on the 25th, following extensive repair efforts that included the installation of 8,000 square meters of artificial turf [1][12] - Community support and volunteer efforts played a crucial role in the recovery, with over 30,000 people participating in the rebuilding efforts [12] Group 1 - The "Village Super" football field experienced two floods within a week, leading to over one meter of mud accumulation and severe damage [1] - Zhang Yan, a business owner from Jiangsu, donated artificial turf and coordinated its rapid production and delivery to Rongjiang [3] - Local residents actively participated in unloading the turf, completing the task in about two hours instead of the expected six [6] Group 2 - During the turf installation, local residents provided food and refreshments to the construction team, showcasing community solidarity [8] - Nearby businesses, including restaurants and creative shops, are gradually reopening, indicating a recovery in the local economy [10] - The "Village Super" event has become a focal point for community rebuilding and tourism, with local entrepreneurs expressing optimism about future growth [10][12] Group 3 - The football players from the "Village Super" team expressed gratitude for the support received during the recovery process and are eager to showcase their skills in the upcoming matches [14]

Core Viewpoint - The news highlights the contrasting fortunes of the artificial turf industry, with the rise of certain companies like Co-Creation Turf and the failure of Qingdao Qinghe to successfully list on the A-share market, primarily due to financial instability and operational challenges. Group 1: Market Performance - Since the start of the Scottish Super League in May, the football concept stocks have surged, with a cumulative increase of 15.72% in June, while Co-Creation Turf's stock price rose over 80% in the same month [1] - Qingdao Qinghe, the world's second-largest artificial turf company, announced the withdrawal of its IPO application after three years of efforts [1] Group 2: Operational Challenges - Qingdao Qinghe's strategy focused on overseas expansion has led to operational issues and significant debt, resulting in high pressure on its cash flow [2] - The company has faced rising hidden costs in overseas production due to labor cost increases and safety issues, impacting profitability [2] - A fire at Qingdao Qinghe's Mexican factory caused a loss of approximately 59.63 million yuan, equivalent to 43.85% of its net profit for the first half of 2024 [2] Group 3: Financial Performance - Despite continuous revenue growth, Qingdao Qinghe's accounts receivable reached 490 million yuan, accounting for 20.58% of total assets, indicating potential cash flow issues [3] - The company has experienced significant fluctuations in profit due to a consistently low gross profit margin compared to industry averages [3] Group 4: Competitive Position - Qingdao Qinghe has lost a substantial number of clients, with 555 clients exiting compared to only 237 new clients, leading to an 11.81% revenue loss from exiting clients [4] - The company's low research and development investment, at only 1.50%, contributes to its lack of product pricing power despite holding 80 patents as a FIFA supplier [5] Group 5: Funding and Debt Issues - Qingdao Qinghe has increasingly relied on high-interest loans, with borrowing rates reaching as high as 40%, exacerbating its financial strain [6] - The company planned to raise 1.09 billion yuan through its IPO, with a significant portion allocated to its Vietnamese production base and working capital, indicating a need for financial survival rather than growth [8]