ASYMCHEM (06821.HK): 1,027,575 A-Share Restricted Shares under First Release Tranche of 2025 Incentive Plan to Become Tradable on September 7
NewTimeSpace News: On September 3, 2026, Asymchem Laboratories (Tianjin) Co., Ltd. (stock code: 06821) issued an overseas regulatory announcement reproducing the full text of its announcement published on the Shenzhen Stock Exchange website. The announcement showed that 1,027,575 A shares under the first release tranche of the initial grant of the company's 2025 A-share restricted share incentive plan will be released from trading restrictions, representing 0.3087% of the company's current total A-share capital (SZSE: 002821) and 0.2849% of its total A+H share capital, involving 540 grantees, with the released shares scheduled to be listed for trading on September 7, 2026.
The board of directors passed a resolution at the 13th meeting of the fifth board of directors held on August 24, 2026, approving that the release conditions for the first release period had been satisfied. The initial grant was registered on June 5, 2025, with 4.2733 million restricted shares actually granted to 561 grantees, and the reserved grant was registered on November 27, 2025, with 291,400 shares granted to 137 grantees. The first lock-up period ran from June 5, 2025 to June 4, 2026, and the first sales restriction period from June 5, 2026 to September 4, 2026; upon expiry of the sales restriction period, if the company's overall market value performance reaches the preset target, the restricted shares can be released in accordance with the prescribed ratios from September 7, 2026.
For the company-level performance assessment, the company achieved revenue of RMB 6.670 billion in the assessment year of 2025 for the first release period, up 16.78% from 2024 calculated at constant exchange rates, satisfying performance target A, with none of the adverse circumstances at either company or grantee level occurring; all 540 grantees achieved Grade A in their individual performance assessments. Upon completion of the release, the company's restricted shares under the equity incentive plan will decrease from 4,353,200 shares to 3,325,625 shares, while its unrestricted tradable A shares will increase to 318,071,433 shares, lifting their proportion from 87.91% to 88.19% of total share capital, with total share capital unchanged at 360,663,470 shares.
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