Tstc(SH:600552) Zheng Quan Zhi Xing·2025-08-01 16:23Core Points - The company has completed the initial grant registration of its 2024 stock option incentive plan, with a total of 16.3 million stock options granted to 194 individuals [1][2][5] - The initial grant date for the stock options is set for June 13, 2025, and the registration date is July 30, 2025 [1][2] - The stock options are distributed among senior management and key technical personnel, with the majority allocated to core management and technical staff [2][5] Summary by Sections Initial Grant Details - The stock options granted include 16.9 million options for the chairman, 16 million for the general manager, and 15 million each for several other executives, with 1,537.1 million options allocated to 188 core management and technical personnel [2][3] - The total number of options granted represents 1.73% of the company's total share capital [2][3] Plan Validity and Conditions - The validity period of the incentive plan lasts up to 72 months from the initial grant date, with a waiting period before the options can be exercised [4] - The waiting period for the options is set at 24, 36, and 48 months, respectively, before they can be exercised [4] Financial Impact - The stock option grant will affect the company's financial status, with costs to be amortized over the years 2025 to 2029, impacting net profits during this period [5][6] - The company anticipates that the positive effects of the incentive plan on performance will outweigh the associated costs [6]