In 2024, according to Yiyi Co., Ltd.'s employee stock ownership plan, the initial grant portion will be unlocked upon meeting the initial lock-up period conditions.
Tianjin YiYi Hygiene Products Co., Ltd. announced that the first lock-up period for a portion of the 2024 employee stock ownership plan is about to expire, and the unlock conditions have been met. The stock subject to the plan will be unlocked in three batches, with the first unlock period corresponding to the company's performance assessment. In 2024, the company's audited consolidated operating income reached 1.798 billion yuan, exceeding the target of 1.671 billion yuan, with a company-level unlock ratio of 100%; at the individual level, the participants in the first batch of the plan all received excellent performance evaluations, with an unlock coefficient of 100%. The total number of shares that can be unlocked this time is 617,400, accounting for 0.33% of the company's current total share capital. The company's management committee will sell the unlocked shares at an opportune time and distribute the profits.
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