KENNEDE(SZ:002723) Zheng Quan Zhi Xing·2025-06-02 08:48Core Viewpoint - Guangdong Xiaosong Technology Co., Ltd. is implementing a restricted stock incentive plan for 2025, aiming to enhance employee motivation and align their interests with the company's performance [2][4][29]. Group 1: Company Overview - Guangdong Xiaosong Technology Co., Ltd. is a legally established and effectively operating listed company with a registered capital of 318.006876 million yuan [6][7]. - The company operates in the household appliance sector, focusing on research and development, manufacturing, and sales of various electrical products [6]. Group 2: Incentive Plan Details - The incentive plan involves granting a total of 31.35 million restricted stocks, accounting for approximately 9.86% of the company's total share capital [14][15]. - The first grant will consist of 25.08 million shares, representing 80% of the total restricted stocks, while 6.27 million shares will be reserved for future grants [14][15]. - The grant price for the restricted stocks is set at 3.69 yuan per share, which is compliant with regulatory requirements [22][21]. Group 3: Eligibility and Conditions - The incentive plan targets 94 individuals, including directors, senior management, and key personnel, excluding independent directors and major shareholders [10][9]. - The plan stipulates that the granting of stocks is contingent upon the company meeting specific performance targets, including achieving profitability in 2025 and net profits of at least 15 million yuan in 2026 [27][26]. Group 4: Compliance and Legal Procedures - The plan has undergone necessary legal reviews and has been approved by the board of directors, ensuring compliance with relevant laws and regulations [29][28]. - The company will publicly disclose the list of incentive recipients and their roles, adhering to transparency requirements [13][12].