Zhejiang Biyi Electric Appliance Co., Ltd.SSE: 603215

(603215)"ZHEJIANG BIYI ELECTRIC APPLIANCE CO., LTD."Indicative Announcement on Expiration of the 1st Lock-up Period under the 2025 Employee Stock Ownership Plan

· Issued by Zhejiang Biyi Electric Appliance Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603215 · · 3 pages · Chinese

Summary by 6ix AI

Zhejiang Biyi Electric Appliance Co., Ltd. has announced the expiration of the first lock-up period under its employee stock ownership plan. The announcement details the number of shares that can be unlocked and the performance assessment criteria that have been met during this period. Following the expiration, the management committee will decide on the sale or transfer of the shares to eligible employees based on market conditions. The company emphasizes compliance with trading regulations and will continue to disclose information regarding the plan's implementation.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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Indicative Announcement on Expiration of the 1st Lock-up Period under the 2025 Employee Stock Ownership Plan

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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