Ruitai Technology(SZ:002066) Zheng Quan Zhi Xing·2025-07-10 10:11Core Points - The company has completed the registration of the 2024 restricted stock incentive plan, following the relevant approval procedures and regulations [1][3][4] - A total of 390.70 million shares of restricted stock have been granted to 75 individuals, with a grant price of 6.23 yuan per share [3][4][14] - The incentive plan will be effective for a maximum of 72 months, with the restricted stocks being released in three batches over 24, 36, and 48 months [4][7][8] Approval Process - The incentive plan has undergone necessary approvals, including a review by the board and the supervisory committee, with related proposals being passed [1][3] - The plan received approval from the State-owned Assets Supervision and Administration Commission of the State Council [3] Grant Details - The grant date for the restricted stocks is May 29, 2025, and the listing date is July 14, 2025 [3][13] - The total number of restricted stocks granted was adjusted from 462.00 million to 390.70 million due to voluntary withdrawals by some participants [12] Performance Conditions - The release of restricted stocks is contingent upon meeting specific performance targets over the 2025-2027 accounting years, including net asset return rates and profit growth rates [7][8][9] - The performance targets include a minimum net asset return rate of 7.5% for 2025 and a compound profit growth rate of at least 8.37% [7][8] Financial Impact - The issuance of restricted stocks will dilute the earnings per share, with an estimated fully diluted EPS of 0.2427 yuan for 2024 [14] - The company will account for the costs associated with the stock grants in accordance with accounting standards, impacting financial results over the years [14]