Eoptolink announces release of restricted shares, effective June 13

Chengdu Eoptolink Technology Co., Ltd. (SZSE:300502) announced the upcoming release of restricted shares from the second phase of its 2022 Restricted Stock Incentive Plan. A total of 1,534,197 shares, representing 0.1546% of the company's total share capital, will be released for trading on June 13, 2025. This release involves 196 eligible employees who are part of the company's incentive program. The company's board of directors approved the release on April 22, 2025, confirming that the necessary performance conditions were met based on 2023 and 2024 performance. Notably, the company's 2024 revenue grew by 327.27% compared to the average revenue from 2019-2021, exceeding the required 120% growth target. Post-release, Eoptolink's share structure will reflect 108,527,827 restricted shares (10.94% of total shares) and 883,801,485 unrestricted shares (89.06% of total shares).