R&Y(SH:603286) Zheng Quan Zhi Xing·2025-05-16 09:22Core Points - Jiangsu Riying Electronics Co., Ltd. has approved the 2024 Restricted Stock and Stock Option Incentive Plan, which includes the granting of 425,000 restricted stocks and 475,000 stock options [1][2][3] - The registration date for the restricted stocks and stock options is set for May 15, 2025 [1] - The plan aims to incentivize key management personnel and technical backbones, with a total of 31 individuals receiving restricted stocks and stock options after some voluntary withdrawals [4][5] Implementation Details - The company has completed the necessary approval procedures for the incentive plan, with no objections raised during the internal announcement period [2][3] - The actual number of restricted stocks granted was reduced from 500,000 to 425,000 due to one individual voluntarily giving up their shares, while the stock options decreased from 500,000 to 475,000 due to two individuals opting out [4][5] - The effective period for the restricted stocks is up to 48 months, with a lock-up period of 12 to 24 months depending on the batch [6][7] Financial Implications - The company has received a total of 4,228,750 RMB from the incentive plan participants, which will be allocated to the registered capital and capital reserve [8] - The total number of shares will increase from 116,591,931 to 117,016,931 after the registration of the restricted stocks, with no change in the controlling shareholder's voting rights [9] - The incentive plan is expected to impact the company's financial results, with specific cost amortization for the restricted stocks and stock options planned for 2025 to 2027 [9][10]