Cheersson(SZ:002976) Zheng Quan Zhi Xing·2025-07-10 13:20Core Viewpoint - The announcement details the completion of the stock option incentive plan for 2024 by Suzhou Ruima Precision Industrial Group Co., Ltd, highlighting the approval processes, allocation of stock options, and the impact on the company's governance and talent retention strategies [1][10]. Summary by Sections Approval Process - The company completed the necessary approval procedures for the 2024 stock option incentive plan on July 10, 2025, in accordance with regulations from the China Securities Regulatory Commission and the Shenzhen Stock Exchange [1][2]. Stock Option Allocation - A total of 848,000 stock options were granted to 27 core personnel, representing 100% of the planned allocation for this incentive program, which is 0.70% of the total current shares [3][6]. Waiting Period and Exercise Conditions - The waiting period for the stock options is set at 12, 24, and 36 months from the grant date, with specific conditions for exercising the options based on company performance and individual assessments [4][5][6]. Performance Targets - The performance targets for the stock options are defined as follows: - For the first exercise period, the revenue must not be less than 1,629 million yuan in 2024 - For the second period, cumulative revenue must reach at least 3,558 million yuan by the end of 2025 - For the third period, cumulative revenue must reach at least 5,787 million yuan by the end of 2026 [6][7]. Financial Impact - The fair value of the stock options was calculated using the Black-Scholes model, totaling 6.0844 million yuan for the 868,000 options initially planned, with adjustments made for the final allocation [9][10]. Business Impact - The implementation of this incentive plan is expected to enhance the company's governance structure, attract and retain talent, and align the interests of shareholders, the company, and its core team, thereby supporting the achievement of strategic and operational goals [10].