HYATECH(SH:688510) Zheng Quan Zhi Xing·2025-08-11 10:12Core Viewpoint - The company has adjusted the initial grant price of its 2024 restricted stock incentive plan from 8.44 CNY per share to 8.24 CNY per share due to the implementation of the annual equity distribution [1][4]. Decision Process and Disclosure - The adjustment was approved during the third meeting of the fourth board of directors held on August 11, 2025, following the authorization from the first extraordinary general meeting of shareholders in 2024 [1][3]. - The company has complied with necessary decision-making procedures and disclosed relevant information regarding the incentive plan [2][5]. Adjustment Details - The adjustment of the grant price is based on the company's annual equity distribution, which involved a cash dividend of 0.20 CNY per share [4]. - The formula used for the adjustment is P = ?0 - ?, where ?0 is the previous grant price and ? is the cash dividend per share [4]. Impact on the Company - The adjustment of the grant price will not have a substantial impact on the company's financial status or operational results, nor will it affect the stability of the core team or the continued implementation of the stock incentive plan [4][5]. Committee Opinion - The board's remuneration and assessment committee has reviewed and approved the adjustment, confirming that it complies with relevant laws and regulations and does not harm the interests of the company or its shareholders [5]. Legal Opinion - The legal opinion from Beijing Zhide Law Firm states that the adjustment of the grant price has obtained necessary approvals and is in accordance with the relevant regulations [5].