DEEJ(SZ:000423) Zheng Quan Zhi Xing·2025-07-21 16:13Core Points - The company has completed the first phase of its restricted stock incentive plan, with the first grant date set for June 18, 2025, involving 958,739 shares at a price of 35.95 yuan per share [1][3][9] - A total of 172 individuals will receive the restricted stock, including executives and key personnel [3][4] - The incentive plan has a maximum validity period of 10 years, with a lock-up period of 24 to 36 months for the granted shares [3][5] Approval Process - The company held multiple board meetings to approve the incentive plan, with significant dates including December 31, 2023, January 10, 2025, and April 24, 2025, for various revisions and approvals [2][3][4] - The plan was publicly disclosed and no objections were raised during the public notice period [2][3] Grant Details - The total number of shares granted is 958,739, with specific allocations to various executives and management levels [4][9] - The stock source is from the company's repurchased shares, ensuring no dilution of existing shareholders [3][10] Performance Conditions - The release of the restricted stock is contingent upon meeting specific performance targets over the years 2025 to 2027, with annual assessments [6][7] - The performance targets are based on achieving a net profit growth rate that meets or exceeds the industry average and specific benchmark levels [6][8] Financial Impact - The incentive plan is expected to have a measurable impact on the company's financial statements, with estimated amortization costs outlined for the years 2025 to 2029 [12][13] - The total share capital remains unchanged post-grant, ensuring no impact on earnings per share [13][10] Stock Structure Changes - Following the grant, the company will have 958,739 restricted shares, representing 0.1489% of the total share capital, while the unrestricted shares will decrease accordingly [9][10] - The overall shareholding structure will still comply with listing requirements after the grant [10]