Accelink Technologies unlocks restricted shares for executive

Wuhan Accelink Technologies Co., Ltd. announced the lifting of restrictions for the first period of 47,000 deferred restricted shares under its 2022 restricted stock incentive plan. These shares, representing 0.0058% of the company's current total share capital, are scheduled to become tradable on December 25, 2025. This follows the fulfillment of performance conditions, including a 2023 net profit compound growth rate of 9.62% and a weighted average return on net assets of 8.98%, both exceeding the plan's targets.

The restrictions are being lifted for executive Mr. Xu Yong, who holds 141,000 restricted shares in total. For this first period, 47,000 shares will be released, leaving 94,000 shares still restricted. The company’s total share capital remains unchanged at 806,675,752 shares, with a shift from restricted to unrestricted circulating shares.

The company's remuneration and appraisal committee confirmed that the incentive recipient meets all required qualifications and performance conditions, aligning with the previously disclosed incentive plan.