Yanmade(SH:688312) Shang Hai Zheng Quan Bao·2025-07-27 19:55Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on August 12 [2][6] - The meeting will be conducted using a combination of on-site and online voting methods [2][3] - The location for the meeting is specified as a conference room in the Bangkai Technology Industrial Park in Shenzhen [2] Group 2 - The company plans to grant 4 million restricted stocks as part of its 2025 stock incentive plan, which represents approximately 2.75% of the total share capital [33][39] - The initial grant will consist of 3.3 million shares, accounting for about 2.27% of the total share capital [34][39] - The purpose of the stock incentive plan is to attract and retain talent while aligning the interests of shareholders and the core team [35] Group 3 - The stock incentive plan will be valid for a maximum of 72 months from the date of the first grant [48] - The grant price for the restricted stocks is set at 13.50 yuan per share, which is below the average trading price prior to the announcement [53][54] - The plan includes performance assessment criteria based on company revenue and net profit growth rates [59][65] Group 4 - The company will not set up a supervisory board, and a representative director from employees will be elected instead [22][23] - The election of the employee representative director was unanimously approved by the employee representative assembly [23] - The new employee representative director will serve alongside the non-employee directors elected at the extraordinary general meeting [23]