Streamax(SZ:002970) Zheng Quan Zhi Xing·2025-05-20 10:31Core Viewpoint - Shenzhen Ruiming Technology Co., Ltd. has completed the granting registration of its 2025 stock option incentive plan, which aims to optimize the company's governance structure and enhance its long-term incentive mechanism to attract and retain talent [1][11]. Approval Procedures - The company has passed relevant resolutions regarding the stock option incentive plan and its management measures, with reports from lawyers and independent financial advisors confirming compliance [1][2]. - No objections were raised during the public announcement period by the supervisory board [2]. Stock Option Grant Details - A total of 6.13 million stock options have been granted to 136 individuals, with a strike price of 45.63 yuan per option [4]. - The stock options will be valid for a maximum of 48 months from the authorization date, which is April 1, 2025 [5]. Vesting and Exercise Arrangement - The stock options have a waiting period of 12 months, with the first exercise period allowing for 40% of options to be exercised after 12 months, 30% after 24 months, and the remaining 30% after 36 months [6]. - The performance assessment for the incentive plan will be conducted annually from 2025 to 2027, with specific net profit targets set for each year [7]. Performance Assessment Criteria - The exercise of stock options is contingent upon meeting company-level performance targets, with a full exercise allowed if the net profit meets or exceeds the target [7]. - Individual performance will also be evaluated, with a grading system determining the percentage of options that can be exercised based on personal performance ratings [8]. Financial Impact - The stock option plan will impact the company's financial statements, with costs recognized based on the fair value of the options at the authorization date and amortized over the vesting period [9]. - The estimated total expenses related to the stock options will be disclosed for the years 2025 to 2028 [9]. Overall Impact - The implementation of this incentive plan is expected to enhance the company's overall cohesion, align the interests of shareholders, the company, and employees, and improve market competitiveness and sustainable development [11].