AUPU(SH:603551) Zheng Quan Zhi Xing·2025-07-14 16:28Core Viewpoint - The company has approved the grant of 4.97 million restricted stocks to 17 incentive objects at a price of 5.30 yuan per share, effective from July 14, 2025, as part of its 2025 restricted stock incentive plan [1][9]. Group 1: Grant Details - The total number of restricted stocks granted is 4.97 million shares [1][9]. - The grant price for the restricted stocks is set at 5.30 yuan per share [1][9]. - The plan has undergone necessary decision-making procedures and legal opinions have been obtained [2][11]. Group 2: Conditions for Granting - The incentive objects must meet specific conditions outlined in the company's stock incentive management regulations [3][4]. - The board has confirmed that neither the company nor the incentive objects fall under any disqualifying conditions [4][9]. Group 3: Vesting Schedule - The vesting period for the restricted stocks is set for a maximum of 60 months, with a 12-month lock-up period for the first tranche [5][6]. - The release of restrictions will occur in three tranches: 33.33% after 12 months, 33.33% after 24 months, and 33.34% after 36 months [5][6]. Group 4: Performance Assessment - The performance assessment for the incentive plan will be conducted annually from 2025 to 2027, with specific revenue and profit targets set for each year [7]. - If the company fails to meet the performance targets, the restricted stocks will be repurchased by the company [7]. Group 5: Financial Impact - The stock incentive plan is expected to impact the company's financial statements, with costs amortized over the vesting period [10][11]. - The plan aims to enhance employee cohesion and operational efficiency, potentially leading to improved business performance [11].