Dingtong(SH:688668) Zheng Quan Zhi Xing·2025-05-28 10:39Core Viewpoint - Dongguan Dingtong Precision Technology Co., Ltd. is implementing a restricted stock incentive plan for 2024, which includes adjustments to grant prices, conditions for the first vesting period, and the cancellation of certain restricted stocks [1][2][3]. Group 1: Approval and Authorization - The company has completed necessary procedures for the adjustment, vesting, and cancellation of restricted stocks as per the 2024 incentive plan [7]. - The draft of the incentive plan was submitted to the board for review and approval, with independent directors providing their opinions [7][8]. - The company has conducted self-inspections regarding insider trading related to the incentive plan and found no violations [8][9]. Group 2: Specifics of the Adjustment - The grant price for the restricted stocks has been adjusted in accordance with relevant regulations, ensuring compliance with the management measures and listing rules [10]. - The adjustment reflects the company's commitment to maintaining fair practices in stock distribution [10]. Group 3: Vesting Conditions and Achievements - The first vesting period for the restricted stocks is set from April 8, 2025, to April 7, 2026 [11]. - The conditions for vesting have been met, including the absence of adverse audit opinions and compliance with performance targets [12][13]. - The company's net profit for 2024 is reported at approximately 110.34 million yuan, with a net profit growth rate of 65.74% [13][16]. Group 4: Cancellation of Restricted Stocks - A total of 126,000 shares of restricted stocks have been canceled due to the departure of four incentive recipients [17]. - The company has also noted that 37,800 shares remain unallocated and will expire as per the plan's provisions [17]. - The reasons for the cancellation align with the management measures and the company's incentive plan regulations [17]. Group 5: Conclusion - The legal opinion confirms that the adjustments, vesting conditions, and cancellations comply with applicable laws and regulations [18].