GoerTek(SZ:002241) Zheng Quan Zhi Xing·2025-06-24 18:29Core Viewpoint - The company has announced the first exercise period of its 2023 stock option incentive plan, allowing 6.94275 million stock options to be exercised at a price of 17.97 yuan per share, following the fulfillment of the exercise conditions [1][2][3]. Summary by Sections Stock Option Plan Details - The first exercise period allows for a total of 6.94275 million stock options, representing a certain percentage of the company's total share capital [1]. - The exercise price for the stock options is set at 17.97 yuan per share [1][2]. - The plan has undergone various approvals and adjustments, including a reduction in the number of initial grantees from 5,704 to 5,551 and a decrease in the total number of stock options from 21 million to 20.89909 million [3][4]. Performance Conditions - The performance assessment for the stock options is based on specific financial targets for the years 2024 and 2025, including a revenue target of at least 106.382 billion yuan for 2024 and a net profit of 2.665 billion yuan [3]. - The company has established a performance evaluation system that categorizes performance into grades, affecting the percentage of options that can be exercised [2][3]. Financial Impact - If all options are exercised, the company's net assets will increase by approximately 124.7612 million yuan, with a total share capital increase of 6.94275 million shares [5]. - The exercise of stock options is not expected to have a significant impact on the company's financial results for the year [5]. Management of Funds and Taxation - Funds raised from the exercise of stock options will be used to supplement the company's working capital [5]. - Incentive participants are responsible for paying personal income tax on the gains from the stock options, and the company will not provide any financial assistance for the exercise [5]. Share Structure and Compliance - The exercise of stock options will result in an increase in total share capital, but the overall share structure will remain compliant with listing requirements [5][6]. - The company will disclose any changes to the incentive plan and stock options in regular reports [6].