Core Viewpoint - The company has completed the registration of the 2023 restricted stock incentive plan, which aims to motivate and retain key personnel through stock incentives [1][5][12]. Summary by Sections Approval Procedures - The company has followed the necessary approval procedures for the 2023 restricted stock incentive plan, including resolutions passed by the board and supervisory committee [1][2][3]. Granting of Restricted Stocks - The names and positions of the initial grant recipients were publicly disclosed through the company's internal OA system, with no objections received during the public notice period [2][4]. - A total of 150,000 shares were granted to key personnel, with specific allocations to individuals such as the General Manager and other senior executives [6][12]. Financial Impact - The total amount raised from the stock incentive plan is 5,580,000 RMB, which will be used to supplement the company's working capital [13]. - The company's total share capital increased from 1,322,400,000 shares to 1,323,900,000 shares following the stock grant [16]. Performance Conditions - The performance conditions for the release of the restricted stocks include achieving a total asset return rate of no less than 6.62% by 2025 and a compound growth rate of profit no less than 10% from 2023 to 2026 [11][12]. - The individual performance assessment will determine the percentage of stocks that can be released for each recipient based on their performance scores [12][18]. Accounting and Cost Implications - The fair value of the granted restricted stocks will be determined based on the difference between the closing price on the grant date and the grant price, impacting the company's financial statements [17]. - The estimated total expense for the granted stocks will be amortized over the years, affecting the net profit during the effective period of the incentive plan [17][18].
中汽股份: 关于2023年限制性股票激励计划授予登记完成的公告