VASTDATA(SH:603138) Zheng Quan Zhi Xing·2025-07-21 10:38Core Viewpoint - The company has conducted a review of the incentive object list for its 2025 stock option incentive plan, confirming that all selected individuals meet the necessary criteria and conditions for participation [1][2]. Summary by Sections Incentive Plan Overview - The company’s board of directors' remuneration and assessment committee has verified the list of incentive objects for the 2025 stock option incentive plan, ensuring compliance with relevant laws and regulations [1]. - The incentive plan includes core personnel who have an employment or labor relationship with the company, excluding independent directors, supervisors, and shareholders holding more than 5% of the company's shares [1]. Eligibility Criteria - The plan specifies several disqualifying conditions for potential participants, including: 1. Being recognized as inappropriate candidates by the stock exchange within the last 12 months 2. Being identified as inappropriate by the China Securities Regulatory Commission (CSRC) within the last 12 months 3. Having received administrative penalties or market entry bans from the CSRC due to significant violations within the last 12 months 4. Meeting any disqualifying conditions as per the Company Law 5. Being prohibited from participating in stock option incentives by laws and regulations 6. Other conditions recognized by the CSRC [1][2]. Granting Details - The board has concluded that all selected incentive objects meet the conditions set forth in the management regulations and the draft plan, confirming the legality and validity of their qualifications [2]. - The grant date for the stock options is set for July 21, 2025, with a total of 17,659,962 stock options to be awarded to 10 incentive objects at a specified exercise price [2].