Fiberhome Telecommunication unlocks third restricted stock vesting period

Fiberhome Telecommunication Technologies Co., Ltd. announced the unlocking of the third vesting period of its 2021 restricted stock incentive plan. A total of 17,251,566 restricted shares, representing 1.34% of the company's total share capital, will be listed for circulation on November 21, 2025. This unlocking involves 1,586 incentive recipients, who are now eligible to convert their restricted shares.

The company's performance for 2024 met specified targets. The weighted average return on net assets (excluding non-recurring gains and losses) reached 5.25%, surpassing the 4% threshold. The compound growth rate of net profit based on 2020 was 44.33%, exceeding the 43% target, and the △EVA was positive at 12,937,215.10.

Individual performance assessments also played a role. Of the recipients, 1,569 achieved 90 points or above, 16 scored between 80 and 90 points, and one recipient scored between 60 and 80 points. Fifty-six individuals were deemed ineligible due to resignation or not meeting performance criteria.