EAGLERISE(CHINA)(SZ:002922) Zheng Quan Zhi Xing·2025-06-20 12:02Core Viewpoint - The announcement details the completion of the first exercise period for the stock option and restricted stock incentive plan of Igor Electric Co., Ltd., highlighting the approval and execution of the plan, including the number of options exercised and the impact on the company's share capital [1][5][9]. Summary by Sections Incentive Plan Approval and Execution - The company held meetings on June 4, 2025, where the board and supervisory committee approved the stock option and restricted stock incentive plan for 2024, allowing for the exercise of stock options by 216 participants [1][2]. - A total of 601,800 stock options were exercised, representing 0.1532% of the company's total share capital prior to the exercise [1][5]. Performance Conditions and Results - The performance conditions for the first exercise period were met, with the company achieving a revenue of 3.63 billion yuan and a net profit of 287.12 million yuan, both exceeding the required growth rate of 25% [5][9]. - The individual performance evaluations of the participants were categorized as "qualified" or "unqualified," determining their eligibility to exercise the options [5][9]. Share Capital Changes - Following the exercise of stock options, the company's registered capital increased from 392,937,391 yuan to 393,539,191 yuan, with the total number of shares rising to 393,539,191 [8][9]. - The stock options exercised are classified as unrestricted circulating shares, with no participation from directors or senior management in this exercise [7][8]. Financial Impact and Future Plans - The funds raised from the exercise, totaling 7,763,220 yuan, will be used to supplement the company's working capital [8][9]. - The exercise of stock options is not expected to significantly impact the company's earnings per share or return on equity [9].