SMS(SZ:002857) Zheng Quan Zhi Xing·2025-07-24 16:32Core Viewpoint - Zhengzhou Sanhui Electric Co., Ltd. is implementing a restricted stock incentive plan for 2025, aimed at enhancing corporate governance and retaining talent while aligning the interests of shareholders and the core team [1][6]. Group 1: Company Overview - Zhengzhou Sanhui Electric Co., Ltd. is a publicly listed company with a registered capital of 1.291703 billion RMB and has been in operation since July 16, 1996 [3][4]. - The company is engaged in the manufacturing of electronic components, power electronic components, and related technology services [2]. Group 2: Legal Compliance and Conditions - The company is legally established and in good standing, with no circumstances that would require dissolution or termination of its corporate status [3][6]. - The company meets the conditions for implementing the stock incentive plan, as it does not fall under any prohibitive circumstances outlined in relevant regulations [5][6]. Group 3: Incentive Plan Details - The incentive plan involves granting a total of 2.17225 million restricted stocks, representing approximately 1.68% of the company's total share capital [11][12]. - The plan specifies that the initial grant will consist of 1.7378 million shares, accounting for 80% of the total [11][12]. - The grant price for the restricted stocks is set at 13.26 RMB per share, which is based on the average trading price prior to the plan's announcement [21]. Group 4: Performance Assessment - The performance assessment for the incentive plan will be based on the company's achievement of specific operational targets from 2025 to 2027, including sales volume and revenue benchmarks [28][30]. - The plan includes a tiered release schedule for the restricted stocks, contingent upon meeting performance criteria [18][19][30].