水晶光电: 浙江水晶光电科技股份有限公司2025年限制性股票激励计划（草案）摘要

Core Viewpoint - The company has proposed a restrictive stock incentive plan for 2025, aiming to enhance corporate governance, attract and retain talent, and align the interests of shareholders and management [10][22]. Group 1: Incentive Plan Overview - The incentive plan involves granting 500,000 restricted stocks, accounting for approximately 0.04% of the company's total share capital of 1,390.632221 million shares [2][14]. - The grant price for the restricted stocks is set at 10.07 yuan per share [3][18]. - The plan will be effective for a maximum of 48 months from the date of grant [15][16]. Group 2: Grant and Vesting Conditions - The restricted stocks will be granted within 60 days after the shareholders' meeting approval [2][16]. - The vesting schedule includes three phases: 40% after 12 months, 30% after 24 months, and 30% after 36 months [3][18]. - The vesting conditions are tied to company performance metrics, including revenue growth rates of at least 39%, 44%, and 56% for the respective vesting periods [21][22]. Group 3: Eligibility and Restrictions - The incentive plan targets one individual, specifically a board member or senior management, excluding independent directors and major shareholders [3][12]. - The plan prohibits the granting of loans or financial assistance to the incentive recipients [6][10]. - The incentive recipients must not have been deemed inappropriate candidates by regulatory bodies within the last 12 months [13][20]. Group 4: Performance Assessment - The performance assessment will consider both company-level and individual-level metrics, with company performance being a prerequisite for stock vesting [21][22]. - The company aims to use revenue and net profit as key performance indicators to evaluate the effectiveness of the incentive plan [22][23]. Group 5: Adjustments and Accounting Treatment - Adjustments to the number of restricted stocks and grant price will be made in response to corporate actions such as stock splits or dividends [24][25]. - The estimated total cost of the incentive plan is projected to be 4.96 million yuan, which will be recognized as an expense over the vesting period [27][28].