海峡股份: 关于2022年股票期权激励计划首次授予股票期权第一个行权期自主行权的公告(1)

Core Points - The company has approved the first exercise period of the 2022 stock option incentive plan, allowing 94 incentive targets to exercise 7,177,500 stock options at a price of 5.119 yuan per share [1][2][4] - The stock option incentive plan has undergone necessary approvals, including from the State-owned Assets Supervision and Administration Commission [2][3] - The first exercise period for the stock options is set from May 30, 2025, to May 29, 2026, with a total of 33% of the granted options eligible for exercise during this period [4][5] Approval Process - The company held several board and supervisory meetings to review and approve the stock option incentive plan and its related documents [1][2][3] - The independent directors provided opinions on the plan's benefits for the company's sustainable development [1][2][3] Conditions for Exercise - The exercise of stock options is contingent upon meeting specific performance conditions, including financial report approvals and no adverse audit opinions [5][6] - The company must achieve certain performance metrics, such as a return on equity (ROE) of 10.5% and a compound annual growth rate (CAGR) in revenue of at least 10.5% [7][8] Adjustments and Impact - The exercise price of the stock options was adjusted from 5.32 yuan to 5.119 yuan due to dividend distributions [12] - The total number of incentive targets was reduced from 97 to 94 due to retirements and resignations, resulting in a decrease in the total number of options from 22,975,000 to 21,750,000 [12][17] Financial Implications - If all options are exercised, the company's net assets will increase by approximately 36.74 million yuan, with a corresponding increase in capital reserves [17][18] - The exercise of stock options is not expected to significantly impact the company's financial condition or operating results [18][19] Future Disclosures - The company will disclose changes in incentive targets, adjustments to stock option parameters, and the status of stock option exercises in regular and interim reports [19]