According to the company's 2025 equity incentive plan (hereinafter referred to as the "Incentive Plan"), the Compensation and Assessment Committee has reviewed the conditions for lifting restrictions on the first tranche of restricted stocks and whether the conditions have been met. The findings are as follows:
002895SZSE
Board of Directors' Compensation and Assessment Committee's Review on Conditions for Granting Restricted Stock in 2025 Equity Incentive Plan
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The document outlines the review by the Compensation and Assessment Committee regarding the conditions for lifting restrictions on the first tranche of restricted stock under the 2025 equity incentive plan. It confirms that 902 individuals were granted a total of 923,240 shares, with the lifting date set for June 13, 2025. The review also addresses the repurchase and cancellation of certain restricted stocks.
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