Hoperun Software: Employee stock plan unlocks 30% of shares

Jiangsu Hoperun Software (SZSE:300339) announced that the second lock-up period of its second employee stock ownership plan has concluded successfully, triggering the release of 30% of the plan's total shares. This translates to 4,945,886 shares, representing 0.62% of the company's total share capital. The decision was approved at the company's 17th meeting of the 7th Board of Directors. The company states that 315 plan participants with A/B performance grades will receive a 100% unlocking ratio, and 1 retiree will have their shares unlocked. The company's 2024 net profit, adjusted for non-recurring items and stock option expenses, saw a 42.74% increase over 2021, meeting the performance target. The company will schedule a shareholder meeting to determine the allocation of benefits and plan for the sale of shares in compliance with regulations.