Hopewind(SH:603063) Zheng Quan Zhi Xing·2025-05-27 11:35Core Points - The company has approved and implemented the 2023 Stock Option Incentive Plan, which includes the granting of stock options to eligible participants [1][2] - The first exercise period for the stock options has been completed, and the company has decided to cancel unexercised options due to the departure of certain participants [3][4][5] - The second exercise period has been established, with specific conditions that must be met for the options to be exercised [6][9] Summary of the 2023 Stock Option Incentive Plan - The plan was approved by the board and the first extraordinary shareholders' meeting, with independent opinions provided by the independent directors and legal advisors [1][2] - The plan includes a waiting period of 24 months before the second exercise period begins, which lasts until 36 months after the grant date [6][9] - The company has set specific performance targets for the participants, including a required revenue growth rate of at least 60% for 2024 compared to 2022 [9][10] Exercise Conditions and Performance Assessment - The conditions for the second exercise period have been met, including no adverse audit opinions and no disqualifying actions against the participants [6][8] - The performance assessment will be conducted annually, with a scoring system determining the proportion of options that can be exercised based on individual performance [10][11] - The total number of options available for exercise in the second period is 6,283,200, distributed among 314 participants [14][16] Financial Implications - The company will account for the stock option expenses according to relevant accounting standards, and the exercise of options is not expected to have a significant impact on the company's financial status [15][16] - The fair value of the stock options was determined using the Black-Scholes model at the grant date, and no re-evaluation is required post-grant [15]