Sunxing(SH:603978) Zheng Quan Zhi Xing·2025-07-16 16:26Core Viewpoint - Shenzhen New Star Light Alloy Materials Co., Ltd. has initiated a stock option incentive plan for 2025, which aims to motivate and retain key personnel by granting stock options under specific conditions [1][2][3]. Summary by Sections 1. Definition and Context - The report defines key terms related to the stock option incentive plan, including "incentive objects," "exercise price," and "waiting period" [1][2]. 2. Approval Process - The stock option incentive plan has undergone necessary approval procedures, including meetings of the board of directors and the supervisory board, which reviewed and approved the plan [4][5][6]. 3. Granting Details - The first grant date is set for July 16, 2025, with a total of 2 million stock options awarded to 6 individuals, including directors and senior management [7][8]. - The exercise price is established at 13.33 RMB per share [8]. 4. Conditions for Granting - The granting of stock options is contingent upon the company and the incentive objects meeting specific conditions, ensuring compliance with relevant laws and regulations [9][10]. 5. Financial Impact - The implementation of the stock option incentive plan is expected to be accounted for in accordance with accounting standards, with potential dilution effects noted for shareholders [9][10].