Hangzhou Xzb Tech Co.,Ltd. Board Approves First Phase Unlock of 2024 Restricted Stock Incentive Plan

Deep News08-14

Hangzhou Xzb Tech Co.,Ltd. (Stock Code: 603040, Stock Name: Hangzhou Xzb Tech Co.,Ltd.) held its 13th meeting of the Fifth Board of Directors on August 13, 2025, and approved the "Proposal on Implementing the First Phase Unlock of the 2024 Restricted Stock Incentive Plan."

According to the announcement, this unlock involves 122 incentive recipients, which complies with the authorization from the company's first extraordinary shareholders' meeting in 2024 and the relevant provisions of the "2024 Restricted Stock Incentive Plan (Draft)." The board of directors agreed to process the unlock procedures for eligible incentive recipients.

It is noteworthy that directors Yao Guoxing and Ren Haijun, as incentive recipients, along with related directors Xu Na, Hu Xin, Yao Guoxing, and Ren Haijun, all abstained from voting. The proposal was ultimately passed with 3 votes in favor, 0 votes against, and 0 abstentions.

This unlock marks the entry of the company's equity incentive plan into the implementation phase, which will help further motivate core employees and promote the company's long-term stable development. The specific listing arrangements for the unlocked shares will be detailed in subsequent company announcements.

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Board Approves First Phase Unlock of 2024 Restricted Stock Incentive Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2025-08-14 10:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hangzhou Xzb Tech Co.,Ltd. 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