Kinwong(SH:603228) Zheng Quan Zhi Xing·2025-05-09 09:46Core Points - The company has completed the registration of stock options under the 2024 stock option and restricted stock incentive plan, with a total of 785,700 stock options reserved for 90 individuals [1][2] - The stock options have a maximum validity period of 60 months, with a waiting period of 12 and 24 months for different tranches [2] - The estimated total expense for the stock options is approximately 14.86 million yuan, with annual amortization affecting net profit over the years 2025 to 2027 [3][4] Group 1: Stock Option Details - The stock option grant date is set for March 28, 2025, with the number of options adjusted from 827,700 to 785,700 due to three individuals voluntarily forfeiting their options [1] - The first exercise period allows for 50% of the options to be exercised after 12 months, while the second exercise period allows for the remaining 50% after 24 months [2] Group 2: Financial Impact - The company will recognize the cost of the stock options in its financial statements, with the fair value calculated using the Black-Scholes model [3] - The estimated accounting cost will impact net profit, but the incentive plan is expected to enhance employee motivation and operational efficiency, positively influencing company performance [4]