Core Points - The company, Anhui Xindong Link Technology Co., Ltd., has proposed a stock incentive plan involving the issuance of 3.2 million restricted stocks, accounting for 0.80% of the total share capital [2][14] - The initial grant will consist of 2.9577 million shares, representing 0.74% of the total share capital, with 129 individuals eligible for the first grant [3][14] - The grant price for the restricted stocks is set at 56.89 yuan per share, with adjustments possible based on corporate actions [3][21] Group 1 - The incentive plan aims to enhance corporate governance, attract and retain talent, and align the interests of shareholders, the company, and core team members [8][12] - The plan will be implemented only after approval from the shareholders' meeting, and the company must complete the grant within 60 days post-approval [5][29] - The plan includes performance-based vesting conditions tied to the company's revenue and net profit growth over the years 2025 to 2027 [22][26] Group 2 - The plan specifies that the restricted stocks cannot be transferred or used as collateral before they vest [2][19] - The company will not provide any financial assistance or loans to the incentive recipients for acquiring the restricted stocks [4][12] - The plan outlines a clear process for determining the eligibility of incentive recipients, excluding independent directors and foreign employees [4][12]
芯动联科: 2025年限制性股票激励计划(草案)