江苏菲沃泰纳米科技股份有限公司 2025年第一季度报告

Core Viewpoint - The company, Jiangsu Feiwo Tai Nano Technology Co., Ltd., has announced a stock option incentive plan aimed at enhancing its competitiveness and sustainability in the market, particularly in emerging sectors such as automotive, medical, AI computing, optical instruments, and industrial applications [10][38]. Financial Data - The company reported a total of 4,658,312 shares repurchased, accounting for 1.39% of the total share capital, with a total expenditure of approximately RMB 50.20 million [6]. - The stock option plan involves granting 4,658,312 stock options, representing about 1.39% of the company's total share capital of 335,472,356 shares [9][12]. Stock Option Plan Details - The stock option exercise price is set at RMB 16.00 per share, with the price determined based on the higher of the average trading price prior to the announcement [26][27]. - The plan includes a waiting period of 12 to 24 months before the options can be exercised, with performance assessments conducted annually [21][33]. Performance Assessment - The performance assessment for the stock options will be based on the company's revenue in strategic emerging sectors for the fiscal years 2025 and 2026 [33][39]. - Individual performance evaluations will also be conducted, categorizing results into five levels: Excellent, Good, Qualified, Average, and Needs Improvement [36]. Governance and Compliance - The plan requires approval from the board of directors and the shareholders' meeting, with specific procedures for the selection and verification of incentive recipients [40][41]. - The company commits to ensuring that all disclosures related to the incentive plan are accurate and complete, adhering to relevant laws and regulations [61].