Core Viewpoint - The announcement details the implementation of the 2024 Restricted Stock Incentive Plan by Saiwei Times Technology Co., Ltd, including the conditions for the first vesting period and the number of shares involved [1][2][3] Summary by Sections Incentive Plan Overview - The 2024 Restricted Stock Incentive Plan was approved at the 2023 annual shareholders' meeting, allowing for the granting of restricted stocks to 390 individuals, totaling 3.3582 million shares at a price of 12.14 yuan per share [2][14][19] Vesting Conditions - The first vesting period is set from June 11, 2025, to June 10, 2026, with a total of 30% of the shares vesting after 12 months, followed by 30% after 24 months, and 40% after 36 months [4][9] - The plan includes performance targets based on revenue and net profit growth, with specific percentage increases required for each year from 2024 to 2026 [5][12] Performance Assessment - Company-level performance targets require a minimum revenue growth of 30% for 2024, 55% for 2025, and 85% for 2026, or net profit growth of 25%, 50%, and 80% respectively [5][12] - Individual performance assessments will determine the actual number of shares vested, categorized into four levels: Excellent, Exceeds Expectations, Meets Expectations, and Below Expectations [6][10] Approval and Compliance - The plan has undergone necessary approvals from the board and supervisory committee, confirming that all conditions for the first vesting period have been met [7][18] - Legal opinions affirm that the adjustments and vesting conditions comply with relevant regulations and the company's articles of association [16][18] Financial Impact - The vesting of 3.3582 million shares will increase the company's total share capital from 400.1 million to 403.4582 million shares, which may dilute earnings per share and return on equity but is not expected to significantly impact the company's financial status [19][20]
赛维时代: 关于2024年限制性股票激励计划首次及预留授予第一个归属期归属条件成就的公告