---
title: "Newway Photomask's 2024 restricted stock incentive plan's first grant portion has completed the transfer of the initial vesting period"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259276519.md"
description: "Newway Photomask completed the transfer of shares for the first grant of the 2024 Restricted Stock Incentive Plan on September 27, 2025, totaling 381,972 shares, involving 102 incentive recipients. The plan was initiated in July 2024 and was approved after multiple reviews and a shareholders' meeting. The company has received subscribed funds of 6,833,479.08 yuan, and this vesting has not affected the total share capital of the company or the controlling shareholder"
datetime: "2025-09-29T07:55:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259276519.md)
  - [en](https://longbridge.com/en/news/259276519.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259276519.md)
---

# Newway Photomask's 2024 restricted stock incentive plan's first grant portion has completed the transfer of the initial vesting period

On September 27, 2025, Newway Photomask received the "Transfer Registration Confirmation," and the first vesting period shares of the 2024 Restricted Stock Incentive Plan were successfully transferred. A total of 381,972 shares of restricted stock vested, sourced from the company's repurchase of A-share common stock from the secondary market, benefiting 102 incentive recipients. This incentive plan was initiated in July 2024 and has undergone multiple reviews by the board of directors, supervisory board, and approval by the shareholders' meeting. Tianzhi International Accounting Firm has completed the capital verification, and as of September 12, the company has received the subscribed funds from the incentive recipients amounting to 6,833,479.08 yuan. This vesting did not result in any changes to the company's total share capital or the controlling shareholder

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