明新旭腾: 明新旭腾2025年员工持股计划管理办法（修订稿）

Core Points - The company is implementing a 2025 Employee Stock Ownership Plan (ESOP) to enhance employee motivation and retain key talent [1][14] - The plan is designed to align employee interests with those of the company and its shareholders through performance-based incentives [14][24] Group 1: Plan Principles - The ESOP will adhere to legal compliance, voluntary participation, and risk-bearing principles [2][3] - Participation is limited to a maximum of 85 employees, including key personnel such as directors and senior management [2][3] Group 2: Funding and Stock Sources - The funding for the ESOP will come from employees' legal salaries and self-raised funds, with no financial assistance from the company [3][4] - The shares involved in the plan will be sourced from the company's repurchased A-shares, with a maximum of 1,477,792 shares allocated for the plan [4][7] Group 3: Pricing and Valuation - The share purchase price for the ESOP is set at 6.51 yuan per share, which is above the stipulated minimum pricing criteria [6][5] - The pricing mechanism aims to balance the incentive effect and the interests of existing shareholders [5][6] Group 4: Performance Assessment - The performance assessment for the ESOP will include both company-level and individual-level evaluations, with specific revenue growth targets set for the years 2025 to 2027 [11][12] - If the company fails to meet the performance targets, the corresponding shares will not be unlocked for participants [12][11] Group 5: Management and Governance - The ESOP will be managed by a committee that oversees daily operations and ensures compliance with relevant regulations [16][19] - The plan requires approval from the board of directors and shareholders before implementation, ensuring transparency and accountability [15][14] Group 6: Lock-up and Vesting Periods - The ESOP includes a lock-up period of 12, 24, and 36 months for different tranches of shares, with specific percentages of shares being unlocked at each interval [8][9] - The management committee will decide on the timing of share sales and distributions after the lock-up period ends [25][24] Group 7: Rights and Obligations of Participants - Participants in the ESOP will enjoy rights to dividends and other benefits but will waive voting rights associated with the shares held in the plan [20][24] - Participants are prohibited from transferring or using their shares as collateral during the lock-up period [24][23]