Core Points - The company, Suzhou Guangge Technology Co., Ltd., has proposed a restricted stock incentive plan for 2025, aiming to attract and retain talent while aligning the interests of shareholders, the company, and individuals [1][6][24] - The plan involves granting up to 750,900 restricted shares, representing approximately 1.14% of the company's total share capital of 66 million shares [2][11] - The initial grant will consist of 617,200 shares, accounting for 0.94% of the total share capital, with a reserve of 133,700 shares [2][11] - The grant price for the restricted shares is set at 15.00 yuan per share, which is significantly lower than the average trading prices over various periods [3][19][20] Summary by Sections Incentive Plan Overview - The incentive plan is designed to establish a long-term incentive mechanism to enhance team cohesion and core competitiveness [6][24] - The plan will be executed after approval from the board and shareholders, with a maximum validity of 48 months [3][10] Grant and Vesting Conditions - The restricted shares will not confer shareholder rights until vested and cannot be transferred or used as collateral before vesting [2][21] - The vesting schedule includes three phases, with 30% vesting after 12 months, another 30% after 24 months, and the remaining 40% after 36 months [15][16] Eligible Participants - Eligible participants include directors, senior management, and key personnel deemed necessary for motivation, excluding independent directors and supervisors [4][9][10] - The plan includes the company's actual controller, Jiang Mingwu, as a participant [9][10] Performance Metrics - The performance assessment for vesting will be based on the company's revenue growth rate over the fiscal years 2025 to 2027 [22][24] - Individual performance evaluations will also influence the actual number of shares vested, categorized into four performance levels [23][24] Implementation Procedures - The plan requires a series of approvals, including from the board and shareholders, and must be publicly disclosed [25][26] - The company must complete the grant process within 60 days after shareholder approval [27][28]
光格科技: 2025年限制性股票激励计划（草案）