ANYKA MICROELECTRONICS(SH:688620) Zheng Quan Zhi Xing·2025-08-13 12:19Core Viewpoint - The Guangzhou Ankai Microelectronics Co., Ltd. has proposed a 2025 Restricted Stock Incentive Plan aimed at attracting and retaining talent, aligning the interests of shareholders, the company, and core team members to enhance long-term development and market competitiveness [1][9]. Summary by Sections Special Notes - The incentive plan is based on various laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1]. Incentive Tools and Stock Source - The plan utilizes second-class restricted stocks, sourced from the company's repurchased A-shares in the secondary market. A total of 4,059,804 shares will be granted, representing approximately 1.04% of the company's total share capital of 39,200 million shares [2][14]. Granting and Vesting Conditions - The granting price for the restricted stocks is set at 10.28 RMB per share, which is 74.44% of the average trading price on the day before the announcement [22]. The plan will be effective for a maximum of 36 months, with stocks vesting in two phases based on performance conditions [18][24]. Eligible Participants - A total of 106 individuals, including directors, senior management, middle management, and key technical personnel, will be eligible for the incentive plan, accounting for 26.30% of the total workforce [3][12]. Performance Assessment - The performance assessment for the vesting of stocks will be based on company-level metrics such as revenue growth rate, chip shipment volume, and new business sales. Specific targets are set for the years 2025 and 2026 [24][26]. Implementation Procedures - The plan requires approval from the shareholders' meeting and must be executed within 60 days after approval. The board of directors will manage the implementation, with oversight from the remuneration committee [5][27]. Adjustments and Conditions - The plan includes provisions for adjustments in the event of capital changes, stock dividends, or other corporate actions. It also specifies that the stocks cannot be transferred or used as collateral before vesting [3][19]. Legal Compliance - The plan adheres to the regulations set forth by the China Securities Regulatory Commission and the Shanghai Stock Exchange, ensuring that no conflicts of interest arise during the granting process [4][28]. Conclusion - The 2025 Restricted Stock Incentive Plan is designed to enhance the company's competitive edge and ensure sustainable development while safeguarding shareholder interests [9][26].