Announcement Regarding the Results of the Third Vesting Period of the First Tranche of the 2022 Restricted Stock Incentive Plan and Share Listing (Directed Issuance)
The Company and all members of its Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Key Information Summary:
- Vesting Date: June 15, 2026
- Number of Shares to be Vested: 1,004,280
- Number of Employees to Vest: 217
- Source of Restricted Shares for Vesting: Directed issuance of A-shares of the Company to incentive recipients.
- Listing and Trading Arrangements for Vested Shares/Lock-up Arrangements: The vested restricted shares will not be subject to a lock-up period. Directors and senior management will comply with relevant regulations.
I. Overview of the Implementation of the Equity Incentive Plan
(I) Introduction to the Equity Incentive Plan
The Company convened the 21st meeting of the First Board of Directors and the 15th meeting of the First Supervisory Board on December 25, 2022, and the 2023 First Extraordinary General Meeting of Shareholders on January 12, 2023, to deliberate and approve the "Proposal on the <2022 Restricted Stock Incentive Plan (Draft)> and its Summary." The main contents are as follows:
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Incentive Type: Class II Restricted Shares
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Source of Underlying Shares: Ordinary A-shares of the Company issued to incentive recipients or repurchased from the secondary market.
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Grant Price (Adjusted for Equity Distribution): RMB 14.62 per share.
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Incentive Recipients and Allocation: A total of 240 individuals were granted shares under the initial grant of this incentive plan, including directors, senior management, and core personnel (including foreign employees) employed by the Company (including its subsidiaries) at the time of the announcement. This excludes independent directors, supervisors, and shareholders or actual controllers who individually or collectively hold more than 5% of the Company's shares, as well as their spouses, parents, and children. The details are as follows: