BEWINNER TECH(SZ:002148) Zheng Quan Zhi Xing·2025-06-12 09:27Core Viewpoint - Beijing Beiwai Communication Technology Co., Ltd. has completed the granting registration of the reserved portion of the restricted stock incentive plan for 2024, which involves the approval and implementation of the plan as per regulatory requirements [1][2][3]. Group 1: Approval and Implementation - The stock incentive plan has undergone necessary approval procedures, including the board's authorization to determine the grant date and manage related matters [2][3]. - The company has disclosed the self-inspection report regarding insider trading related to the stock incentive plan [2]. - The board approved adjustments to the list of initial grantees and the number of shares granted due to some grantees opting out [2][3]. Group 2: Granting Details - A total of 5.89 million shares of restricted stock were granted to 79 grantees at a price of 2.55 yuan per share, with the grant date set for May 8, 2024 [2][3]. - The listing date for the granted shares is scheduled for June 17, 2024 [2][3]. Group 3: Repurchase and Cancellation - The company will repurchase and cancel a total of 2.524 million shares of restricted stock due to the departure of 6 grantees and unmet unlocking conditions [3]. - After the repurchase, the number of unvested restricted shares will be 3.366 million, with 73 remaining grantees [3]. Group 4: Performance Conditions - The unlocking of the restricted stock is contingent upon meeting specific performance targets, including a 20% revenue growth in 2025 and a 30% growth in 2026, based on 2023 revenue [6][7]. - Individual performance assessments will determine the percentage of shares that can be unlocked, with a grading system in place [7][8]. Group 5: Financial Impact - The total number of shares after the incentive plan will increase to 558,987,330, with the dilution effect on earnings per share calculated at 0.05 yuan per share for 2024 [9][10]. - The funds raised from the stock incentive plan will be used to supplement the company's working capital [10].