Shede Spirits (SH:600702) Nan Fang Du Shi Bao·2025-03-28 02:36Core Viewpoint - Shede Liquor Industry (600702.SH) announced a stock incentive plan for 2025, aiming to enhance long-term incentive mechanisms and attract talent while aligning interests of shareholders, the company, and core team members [1][4]. Group 1: Stock Incentive Plan Details - The company plans to grant a total of 2,036,600 restricted stocks to 168 individuals, including key executives [1][4]. - The grant price is set at 28.78 CNY per share, while the closing stock price on March 27 was 56.97 CNY [4]. - Key executives receiving stock include Chairman Pu Jizhou (120,100 shares), President Tang Huir (84,100 shares), and others [2][4]. Group 2: Performance Targets - The performance assessment targets are based on 2024 revenue and net profit, with growth rates set at no less than 20%, 36%, and 55% for revenue, and 164%, 231%, and 309% for net profit from 2025 to 2027 [4][5][6]. - The revenue targets for 2025 to 2027 are set at 6.428 billion CNY, 7.286 billion CNY, and 8.303 billion CNY, respectively, while net profit targets are 913 million CNY, 1.145 billion CNY, and 1.415 billion CNY [6][7]. Group 3: Personnel Changes - Concurrently with the incentive plan, the company appointed Zhong Lingyao as the Chief Financial Officer, who is also included in the stock incentive plan with 36,700 shares granted [7].