Zhitong Finance App News, Poly Industries (06049) issued an announcement. According to the provisions of the company's first restricted stock incentive plan, the lockdown period granted to incentive recipients in the initial grant plan is 24 months from the date of granting restricted shares. The unlocking period is 24 to 60 months after the grant of restricted shares. If the unlocking conditions stipulated in this plan are met during the unlocking period, the granted restricted shares will be unlocked in three batches.

On May 13, 2024, the board of directors of the company deliberated and passed a resolution on unlocking the first batch of the company's restricted stock incentive plan. At the same time, according to the initial grant plan, the target companies were adjusted accordingly due to differences in business models and major mergers and acquisitions. According to the resolution, as of the date of this announcement, the first two-year lockdown period granted has expired, and the first unlocking period has already been entered. Of the incentive recipients who participated in the initial award, with the exception of some who failed due to job transfers, separation, etc., the remaining 159 have met the first batch of unlocking conditions granted for the first time. A total of 1.3631 million H shares of the company's holdings were unlocked on May 13, 2024.