Haers to unlock third restricted stock tranche for 12 employees

Zhejiang Haers Vacuum Containers Co., Ltd. has announced that the conditions for the third unlocking period of the reserved grant portion of its 2020 restricted stock incentive plan have been met. The unlocking, approved on December 25, 2025, will benefit 12 eligible incentive recipients.

A total of 652,000 restricted shares, representing 0.1398% of the company's current total share capital, will be unlocked. The company's 2023 net profit attributable to shareholders, after deducting equity incentive expenses, was CNY 253.4764 million, marking a 359.89% growth compared to 2019, thus achieving the company-level performance target. Additionally, all 12 incentive recipients achieved an individual performance score of 80 points or above for 2023.

The third unlocking period, which began on November 1, 2021, is set to expire on December 30, 2025. The unlocking proportion for this period is 40% of the total restricted shares awarded.