Changzhou Kaidi Electrical (605288) Zheng Quan Zhi Xing·2025-05-27 13:13Core Viewpoint - The company plans to implement a restricted stock incentive plan for 2025 to enhance its corporate governance structure, establish a long-term incentive mechanism, and attract and retain talent, thereby promoting steady performance improvement and achieving long-term strategic goals [1][2]. Group 1: Assessment Objectives and Principles - The purpose of the assessment is to improve the corporate governance structure and ensure the achievement of the company's development strategy and operational goals [1]. - The assessment must adhere to principles of fairness, openness, and justice, linking the stock incentive plan closely with the performance and contributions of the incentivized individuals [1][2]. Group 2: Assessment Scope and Institutions - The assessment applies to all participants in the restricted stock incentive plan, including directors, senior management, and core employees of the company and its subsidiaries [2]. - The assessment will be led by the company's Board of Directors' Compensation and Assessment Committee, with the Human Resources and Finance Departments responsible for the implementation and data collection [2][3]. Group 3: Assessment Indicators and Standards - The performance assessment period for the incentive plan is from 2025 to 2027, with specific annual performance targets set for each year [3][4]. - The assessment targets include achieving a net profit growth of at least 6% compared to the previous year to unlock the restricted stocks [3][4][5]. Group 4: Individual Performance Assessment - After meeting the company-level performance targets, individual performance will be assessed to determine the actual unlockable amount of restricted stocks [6]. - The personal unlockable amount is calculated based on a performance score, with specific coefficients assigned based on the score achieved [6][7]. Group 5: Assessment Period and Procedures - The assessment period corresponds to the fiscal year prior to the vesting of the granted restricted stocks, with assessments conducted annually [7]. - The Human Resources Department will manage the assessment process and report the results to the Compensation and Assessment Committee [7][8]. Group 6: Feedback and Archiving of Assessment Results - Assessed individuals have the right to know their assessment results, which will be communicated within five working days after the assessment [7][8]. - All assessment records will be archived as confidential materials and destroyed three years after the conclusion of the incentive plan [8].