Core Points - The company has completed the registration of its 2025 restricted stock incentive plan, granting a total of 6.53 million shares [1][7] - The restricted stock was allocated to 150 core management and key personnel, with the total number of shares representing 0.76% of the company's total shares on the grant date [2][7] - The stock grant will not change the controlling shareholder's ownership percentage significantly, as the controlling shareholder's stake will decrease from 21.59% to 21.53% after the grant [7][9] Summary by Sections Grant Details - The restricted stock grant date was June 27, 2025, with a total of 6.53 million shares registered [1][7] - The shares were sourced from 2.58 million shares issued to the incentive targets and 3.95 million shares repurchased from the secondary market [2][7] Vesting Schedule - The vesting of the restricted stock is structured over four years, with 30% vesting after 12 months, another 30% after 24 months, and 40% after 36 months [5][6] - The stock cannot be transferred or used as collateral until the vesting conditions are met [3][6] Performance Metrics - The performance assessment for the incentive plan will be conducted annually from 2025 to 2027, focusing on net profit growth rates and cumulative net profit targets [6][10] - The company will repurchase and cancel any restricted stocks that do not meet the performance criteria [6][10] Financial Impact - The total expense recognized for the 6.53 million shares granted is estimated at 21.94 million yuan, which will be amortized over the vesting period [10][12] - The company will adjust the number of shares eligible for vesting based on performance metrics and the number of participants eligible for release [10][12] Share Capital Structure - Following the grant, the company's total share capital will increase from 854,764,000 shares to 857,344,000 shares [7][9] - The distribution of shares remains compliant with listing requirements post-grant [9]
银龙股份: 天津银龙预应力材料股份有限公司关于2025年限制性股票激励计划授予结果公告