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Rockchip electronics unlocks second phase restricted shares, boosting tradable stock

September 9, 2025 at 10:59 AM UTCBy FilingReader AI

Rockchip Electronics Co., Ltd. has approved the unblocking and listing of 4,500 restricted shares under its 2022 second phase stock option and restricted share incentive plan. These shares, part of a reserved grant, will become tradable on September 15, 2025, marking the successful fulfillment of the second unblocking period conditions for one incentivized individual. The shares were granted at an initial price of 39.61 yuan per share.

The company’s board of directors, during its sixth meeting on August 18, 2025, confirmed that the unblocking conditions were met, including the satisfaction of performance targets. Rockchip's 2024 operating revenue reached 3,136,370,678.42 yuan, a 54.53% increase from 2022, while net profit for 2024 was 594,862,210.27 yuan, representing a 100.00% increase over 2022.

The unblocked shares represent 30% of the originally granted restricted shares to the eligible participant, a key technical employee. Following this transaction, Rockchip Electronics' total restricted shares will decrease by 4,500 to 118,000 shares, while unrestricted shares will increase by the same amount to 420,559,950 shares.

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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