Xianheng International(605056) 证券时报网·2024-11-20 18:24Core Viewpoint - The company has approved a stock incentive plan that involves the issuance of 2,325,720 shares, which will be listed for trading on November 26, 2024 [2][4][12]. Group 1: Stock Incentive Plan Approval and Implementation - The company’s 2022 Restricted Stock Incentive Plan was approved during the board meeting on September 28, 2022, with independent directors expressing their agreement [5]. - The plan underwent internal public disclosure from September 29 to October 8, 2022, with no objections received during this period [6]. - The second extraordinary general meeting of shareholders on October 17, 2022, approved the plan, granting the board the authority to determine the grant date and manage related matters [6][7]. Group 2: Stock Grant and Release Conditions - The first grant of restricted stock was registered on November 24, 2022, with the second lock-up period lasting 24 months, allowing for a release of 30% of the granted shares upon meeting specific conditions [9][11]. - As of November 23, 2024, the conditions for the second lock-up period have been met, allowing 59 eligible participants to proceed with the release of their shares [10][11]. Group 3: Listing and Trading Arrangements - The total number of shares eligible for release is 2,325,720, which represents approximately 0.5654% of the company's total equity [11]. - The shares will officially be listed for trading on November 26, 2024 [4][12]. Group 4: Restrictions on Share Transfer - Directors and senior management are restricted from transferring more than 25% of their total shares held annually during their tenure and cannot transfer shares within six months after leaving the company [13]. - Any profits from shares sold within six months of purchase must be returned to the company [13][14]. Group 5: Legal Compliance - The company has obtained necessary approvals for the release of shares, ensuring compliance with relevant laws and regulations [16].