BBMG JIDONG(SZ:000401) Zheng Quan Zhi Xing·2025-06-20 11:22Core Viewpoint - The company has completed the registration of its 2025 restricted stock incentive plan, which aims to motivate and retain key personnel through stock grants [1][5][6]. Group 1: Approval Process - The board of directors approved the incentive plan on May 14, 2025, and the supervisory board also reviewed and approved it [1][2]. - The plan was publicly announced from May 15 to May 24, 2025, with no objections raised during this period [4][5]. - The plan received approval from the Beijing State-owned Assets Supervision and Administration Commission on June 3, 2025 [5][6]. Group 2: Stock Grant Details - The grant date for the restricted stock was June 4, 2025, with a total of 26.58 million shares awarded, representing 1.00% of the company's total share capital [8][9]. - The grant price was set at 3.41 RMB per share, and a total of 245 individuals received the stock [9][10]. - The stock was sourced from shares repurchased by the company in the secondary market [9][17]. Group 3: Lock-up Period and Performance Assessment - The lock-up period for the granted shares is 24 months, during which the recipients cannot transfer or use the shares as collateral [11][12]. - The performance assessment for unlocking the shares includes specific targets for net asset cash return rate, net profit growth, labor productivity, fuel substitution rate, patent applications, and carbon emissions [12][13][14]. Group 4: Financial Impact - The funds raised from the stock grants will be used to supplement the company's working capital [15]. - The total share capital remains unchanged post-grant, thus not affecting the earnings per share [17]. - The company has conducted a self-examination confirming that no board members or senior management traded company shares in the six months prior to the grant [14][15].