Orbbec (688322) 证券之星· Zheng Quan Zhi Xing·2025-06-06 11:31Core Viewpoint - The report discusses the achievement of the second vesting conditions for the 2022 restricted stock incentive plan of Aobi Zhongguang Technology Group Co., Ltd. and the cancellation of certain unvested restricted stocks due to various reasons [1][9]. Group 1: Incentive Plan Overview - The 2022 restricted stock incentive plan was approved by the company's board on December 14, 2022, and the first grant date was set for February 6, 2023, with a grant price of 12.25 yuan per share [3][7]. - The plan includes specific performance conditions that must be met for the restricted stocks to vest, including company revenue growth targets [10][12]. Group 2: Vesting Conditions Achievement - As of June 6, 2025, the conditions for the second vesting period have been met, with 120 eligible participants and a total of 1,098,840 shares available for vesting [9][12]. - The company achieved a revenue of 564 million yuan in 2024, representing a growth rate of approximately 61.25% compared to 2022, thus meeting the performance criteria for the vesting [10][12]. Group 3: Cancellation of Restricted Stocks - A total of 965,910 shares were canceled due to participants leaving the company or not meeting performance criteria, with 686,700 shares canceled due to 25 participants who left [9][10]. - The remaining shares were canceled due to performance evaluations, where only one participant did not meet the required performance level [10][12]. Group 4: Independent Financial Advisor Opinion - The independent financial advisor confirms that the necessary procedures and disclosure obligations have been fulfilled regarding the vesting conditions and stock cancellations, in compliance with relevant regulations [12][13].