OFILM(SZ:002456) Zheng Quan Zhi Xing·2025-05-20 11:46Core Points - The company has approved the first phase of its 2024 restricted stock and stock option incentive plan, granting 36.4543 million shares of restricted stock at a price of 4.45 yuan per share, with the listing date set for June 2024 [1][2][3] - A total of 1,083 eligible participants will receive stock options, with the first exercise price set at 7.12 yuan per share for 29.5168 million stock options, representing 0.89% of the company's total share capital [3][4][5] - The company has adjusted the list of incentive recipients and the number of shares granted due to resignations and performance evaluations, reducing the number of recipients from 1,212 to 1,174 and the total number of restricted shares from 40 million to 39.85 million [14][15][16] Summary by Sections Incentive Plan Approval - The board has approved the draft of the 2024 first phase restricted stock and stock option incentive plan, along with the management measures for its implementation [2][3] - The supervisory board confirmed the list of incentive recipients and the number of shares to be granted, with no objections raised during the public notice period [2][3] Performance Conditions and Adjustments - The first exercise period's performance conditions have been met, allowing 938 participants to exercise their options [5][6][9] - A total of 774.66 million stock options have been canceled due to resignations and unmet performance targets [5][14] Financial Impact - The exercise of stock options will not significantly impact the company's shareholding structure or the control of major shareholders [17][20] - The total share capital will increase from 3,328,207,790 shares to 3,357,724,590 shares if all options are exercised, with minimal effects on earnings per share and return on equity [17][20]