Core Points - The company has announced the successful completion of the first vesting period for its 2024 restricted stock incentive plan, allowing 9 eligible participants to receive a total of 66,873 shares at a price of 18.67 yuan per share [11][32][39] - The company has also decided to cancel 1,049,127 shares from the incentive plan due to the departure of 10 participants and performance criteria not being met [24][30][36] Financial Data - The third quarter financial report has not been audited, and the company confirms that there are no adjustments or restatements of previous financial data [3][9] - The company has reported that its Thai factory has achieved profitability in the first half of the year and plans to expand its capacity to 100,000 square meters per month by the end of 2025 [6][41] Incentive Plan Details - The 2024 restricted stock incentive plan includes a total of 1,230,000 shares initially granted to 19 participants, with a vesting price of 18.67 yuan per share [25][31] - The plan allows for a maximum of 20% of the total stock to be reserved for future grants, with specific performance targets set for each fiscal year [19][54] Approval Process - The company has followed the necessary approval procedures for the incentive plan, including board meetings and shareholder approvals [27][29][53] - Legal opinions have been obtained to ensure compliance with regulations regarding the incentive plan [35][38]