ECOVACS(SH:603486) Zheng Quan Zhi Xing·2025-08-15 16:24Core Viewpoint - The announcement details the implementation of the 2024 stock option and restricted stock incentive plan by Ecovacs Robotics Co., Ltd, highlighting the first exercise period using a self-exercise model for stock options [1][5]. Group 1: Incentive Plan Details - The board of directors approved the stock option incentive plan during the third meeting of the fourth board on August 14, 2025, following the authorization from the shareholders' meeting held on September 20, 2024 [1]. - The first exercise period for the stock options will adopt a self-exercise model, allowing eligible participants to exercise their options through the company's system [1][2]. - A total of 2,961,250 stock options are available for exercise [1]. Group 2: Adjustment Conditions - The exercise price of stock options will be adjusted in the event of dividends, capital reserve transfers, stock splits, or other corporate actions prior to the exercise [2][3]. - The company will announce the implementation of the self-exercise process three trading days before the start date of the exercise period [2]. Group 3: Allocation of Stock Options - The allocation of stock options includes specific amounts for key personnel, with the total granted options amounting to 1,184,500, representing 0.5152% of the total share capital [3]. - Key personnel include directors, vice presidents, and core technical staff, with individual allocations detailed in the announcement [3][4].