Core Viewpoint - Ningbo Zhenyu Technology Co., Ltd. has announced the grant of reserved restricted stocks under the 2024 Restricted Stock Incentive Plan, with a total of 700,000 shares to be granted at a price of 19.50 yuan per share, effective from July 2, 2025 [1][10][11]. Summary by Sections 1. Overview of the 2024 Restricted Stock Incentive Plan - The plan involves granting restricted stocks sourced from repurchased shares or newly issued A-shares [1]. - The total number of reserved restricted stocks is 700,000, accounting for 1% of the company's total share capital [3][13]. 2. Granting Objects and Quantities - The granting objects include core management and technical personnel, with a total of 220 individuals receiving 403,850 shares, of which 353,850 are for initial grants and 50,000 are reserved [2][11]. - The reserved portion will be granted to 11 individuals, totaling 700,000 shares [11][18]. 3. Granting Price and Conditions - The initial granting price for the restricted stocks is set at 27.51 yuan per share, which has been adjusted to 19.50 yuan for the reserved stocks [10][12]. - The granting conditions have been met as per the company's internal regulations and relevant laws [12][19]. 4. Vesting Arrangements - The vesting schedule for the restricted stocks includes three phases, with the first vesting occurring 12 months after the grant date [4][14]. - The reserved stocks will follow a similar vesting schedule based on the timing of their grant [14]. 5. Performance Assessment Requirements - The performance assessment for the initial grant will be based on net profit and operating income targets for the fiscal years 2024 to 2026 [5][6]. - The performance targets will determine the vesting ratio, with specific thresholds set for each year [6][7]. 6. Approval Process and Disclosure - The incentive plan has undergone necessary approvals from the board and supervisory committee, with public disclosure of the granting objects and conditions [8][9]. - The plan has been publicly announced and is compliant with relevant regulations [19][21]. 7. Financial Impact and Accounting Treatment - The fair value of the restricted stocks will be calculated using the Black-Scholes model, impacting the company's financial statements over the vesting period [15][16]. - The estimated costs associated with the stock grants will be amortized and reflected in the company's financial results [15][16]. 8. Legal and Independent Financial Advisor Opinions - Legal and financial advisors have confirmed that the adjustments to the granting price and quantity comply with applicable laws and regulations, ensuring no harm to the interests of shareholders [19][21].
震裕科技: 关于向2024年限制性股票激励计划激励对象授予预留部分限制性股票的公告