JINZHOU JIXIANG MOLYBDENUM(SH:603399) Zheng Quan Zhi Xing·2025-06-13 11:38Core Points - The company has completed the registration of the reserved stock options under the 2024 stock option incentive plan, granting a total of 3.98 million stock options to 29 eligible participants [1][2]. Stock Option Grant Details - The grant date for the reserved stock options is set for April 15, 2025, with the registration completion date on June 13, 2025 [1]. - The total number of reserved stock options granted is 3.98 million, with an exercise price of 7.46 yuan per share [1][2]. - The stock options represent 0.78% of the company's total share capital [2]. Exercise Conditions - The stock options have a maximum validity period of 60 months, with specific exercise periods defined [3]. - The first exercise period allows for 50% of the options to be exercised 12 months after the grant date, and the second exercise period allows for the remaining 50% to be exercised 24 months after the first period [4]. - If performance targets are not met, the options will be canceled [4]. Performance Targets - The performance targets for the first exercise period require a net profit of no less than 70 million yuan for 2025, and for the second period, a net profit of no less than 100 million yuan for 2026 [4]. - The exercise ratio is contingent on the achievement of these performance targets, with a scale from 0% to 100% based on performance completion [4]. Personal Performance Evaluation - Individual performance evaluations will determine the exercise ratio for each participant, categorized into four levels (A, B, C, D) with corresponding coefficients [5]. - The actual number of options that can be exercised by an individual cannot exceed their planned exercise amount for the year [5]. Financial Impact - The company will account for the stock options in accordance with relevant accounting standards, estimating the impact on financial results over the years 2025 to 2027 [6]. - The estimated cost of the stock options will be adjusted based on the number of eligible participants and performance metrics [6].