上海豫园旅游商城(集团)股份有限公司关于向激励对象授予2025年限制性股票的公告

Core Viewpoint - The company has approved a stock incentive plan for 2025, granting 2.68 million restricted shares to 16 selected individuals, including directors and senior management, to enhance motivation and align interests with shareholders [2][3][12]. Group 1: Stock Incentive Plan Approval - On February 18, 2025, the company held a board meeting to approve the draft of the 2025 restricted stock incentive plan and related management measures [2]. - The supervisory board also approved the plan and the list of incentive recipients, confirming compliance with relevant regulations [3][5]. Group 2: Grant Details - The grant date for the restricted stock is set for March 25, 2025, with a total of 2.68 million shares to be awarded, representing 0.069% of the company's total share capital [4][6]. - The stock will be granted at a price of 2.91 yuan per share, with the total number of recipients being 16 [6][7]. Group 3: Vesting and Lock-up Periods - The restricted stock will have different lock-up periods: 12 months, 24 months, and 36 months from the grant date, during which the recipients cannot transfer or use the shares as collateral [7][9]. - The plan specifies that dividends from the restricted shares will be held by the company until the shares are released from the lock-up [9]. Group 4: Compliance and Conditions - The supervisory board confirmed that the recipients meet all conditions for receiving the restricted stock, and there are no disqualifying circumstances for either the company or the recipients [12][14]. - The independent directors also reviewed and approved the plan, affirming that it aligns with legal requirements and the company's governance structure [13][14]. Group 5: Financial Impact - The fair value of the restricted stock is calculated based on the market price at the grant date, which is expected to impact the company's financial results over the years 2025 to 2028 [17][18]. - The total cost associated with the stock incentive plan will be amortized over the relevant periods, subject to actual performance and compliance with the plan [17].