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Xi'an Bright Laser Technologies shares to begin trading after restricted stock vesting

September 2, 2025 at 12:19 PM UTCBy FilingReader AI

Xi'an Bright Laser Technologies Co., Ltd. has completed the vesting registration for the fourth vesting period of its 2020 restricted stock incentive plan (initial grant) and the third vesting period of the reserved portion. A total of 2,553,978 restricted shares will be listed and begin trading on September 8, 2025. These shares represent a new issuance of ordinary A-shares, bringing the total outstanding shares to 274,322,174 after the adjustment.

The vesting involves 85 individuals for the initial grant's fourth period and 48 for the reserved portion's third period. The company received a total of CNY 17,935,055.11 in subscription payments from the incentive recipients, with CNY 2,553,978.00 contributing to the registered capital. This increase in share capital represents approximately 0.94% of the company's total share capital prior to vesting.

Based on the company's semi-annual report for 2025, the net profit attributable to shareholders for January to June 2025 was CNY 76,314,289.46, with basic earnings per share of CNY 0.28. The additional shares will dilute the basic earnings per share for the period, but the company states that this will not have a significant impact on its financial condition or operating results for the most recent period.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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