Delinhai(SH:688069) Zheng Quan Zhi Xing·2025-07-24 16:10Core Viewpoint - Wuxi Delinhai Environmental Technology Co., Ltd. is holding its first extraordinary general meeting of shareholders in 2025, focusing on the approval of a restricted stock incentive plan and the election of the board of directors [1][2][3]. Meeting Guidelines - The meeting will verify the identity of attendees and requires shareholders to arrive 30 minutes early for registration [2]. - Only registered shareholders and their proxies can participate in the voting process, and latecomers will not be allowed to vote [2][3]. - Shareholders have the right to speak, inquire, and vote during the meeting, but must adhere to the established order and time limits for questions and comments [3][4]. Agenda and Proposals - The meeting agenda includes the election of the board of directors and the proposal for a restricted stock incentive plan [6][7]. - The restricted stock incentive plan proposes to grant 3.372696 million shares, with 2.732059 million shares for initial grants and 640,637 shares reserved [7][11]. - The plan aims to align the interests of shareholders, the company, and key personnel, enhancing long-term development [15][27]. Incentive Plan Details - The incentive plan will utilize second-class restricted stocks, with a grant price set at 11.42 yuan per share [20][27]. - The total number of shares granted represents 2.98% of the company's total share capital, ensuring compliance with regulatory limits [11][20]. - The plan includes a vesting schedule where 40% of shares will vest after 12 months, 30% after 24 months, and the remaining 30% after 36 months [21][24]. Compliance and Oversight - The plan will be managed by the board of directors and supervised by the remuneration and assessment committee to ensure compliance with relevant laws and regulations [16][17]. - The company has committed to not providing financial assistance for the acquisition of shares under this plan [14][29]. Strategic Importance - The implementation of this incentive plan is crucial for attracting and retaining talent, enhancing competitiveness in the environmental technology sector [27][28]. - The company aims to strengthen its position in the water environment governance field, aligning with national strategies for ecological development [27][28].