---
title: "Dongfang Precision's 2024 employee stock ownership plan's first lock-up period has expired, and 8.532 million shares will be unlocked"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261570597.md"
description: "Dongfang Precision held a meeting on October 17, 2025, to review and approve the proposal for the first lock-up period expiration and unlocking conditions of the 2024 employee stock ownership plan. The first lock-up period will expire on October 25, with 8,532,000 shares to be unlocked, accounting for 0.70% of the total share capital. As of the announcement date, the plan holds 21,330,000 shares, accounting for 1.75%. The net profit attributable to the parent company for 2024, excluding non-recurring gains and losses, is expected to grow by approximately 46.68% compared to 2023, with an unlocking ratio of 100%. Some holders have a performance evaluation level of C or above, with an unlocking ratio of 100%, while one person has a D level with 0%. The unlocked shares will be sold and distributed at an opportune time"
datetime: "2025-10-17T07:51:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261570597.md)
  - [en](https://longbridge.com/en/news/261570597.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261570597.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261570597.md) | [繁體中文](https://longbridge.com/zh-HK/news/261570597.md)


# Dongfang Precision's 2024 employee stock ownership plan's first lock-up period has expired, and 8.532 million shares will be unlocked

On October 17, 2025, Dongfang Precision held a meeting to review and approve the proposal for the expiration of the first lock-up period and the unlocking conditions of the 2024 employee stock ownership plan. The first lock-up period will expire on October 25, with 8,532,000 shares meeting the unlocking conditions, accounting for 0.70% of the total share capital. As of the announcement date, the plan holds 21,330,000 shares, accounting for 1.75%, with participants including directors, senior executives, and core personnel. At the company level, the net profit attributable to the parent company for 2024, after excluding impacts, is expected to grow by approximately 46.68% compared to 2023, with the performance assessment conditions for the first lock-up period being met, resulting in a 100% unlocking ratio; at the individual level, some holders have performance evaluation levels of C or above, resulting in a 100% unlocking ratio, while one person at level D will have a 0% unlocking ratio, and their shares will be transferred to others. The unlocked shares will be sold and distributed at an opportune time, and the company will disclose progress in accordance with regulations

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