V-Test(SH:688372) Zheng Quan Shi Bao Wang·2024-10-20 17:48Core Points - The company has completed the initial registration of its 2024 stock option incentive plan, granting 3.21 million options to 79 core employees [1][5][6] - The total number of stock options to be granted under the plan is 4.01 million, representing approximately 0.65% of the company's total share capital at the time of the announcement [1][5] - The exercise price for the stock options is set at 6.57 yuan per share [5] Summary by Sections Incentive Plan Overview - The incentive method is stock options, with shares sourced from the company's A-share ordinary stock issued to the incentive objects [1] - The plan includes an initial grant of 3.21 million options (80% of the total) and a reserved grant of 802,500 options (20%) [1][4] - The plan's effective period lasts up to 60 months from the completion of the initial registration [1][2] Approval Process - The plan was approved through several meetings, including the board and supervisory board meetings held on August 23, 2024, and the first extraordinary shareholders' meeting on September 11, 2024 [4][5] - The company conducted a public notice period for the incentive objects from August 26 to September 4, 2024, with no objections received [4][5] Conditions for Exercising Options - The waiting period for the initial grant is set at 12, 24, and 36 months, with specific conditions for exercising the options [2][3] - The exercise of options is contingent upon the company meeting certain performance criteria, including positive net profit for the assessment years 2024-2026 [3][4] - Individual performance assessments will determine the actual number of options that can be exercised by each incentive object [4] Impact of the Incentive Plan - The implementation of this incentive plan is expected to enhance the alignment of interests between the company, shareholders, and employees, thereby attracting and retaining talent [5]