CAPITALONLINE(SZ:300846) Zheng Quan Zhi Xing·2025-08-21 12:13Core Viewpoint - The company has announced the adjustment of its 2023 Restricted Stock Incentive Plan to enhance its long-term incentive mechanism, attract and retain talent, and align the interests of shareholders, the company, and core team members [4][8][19]. Summary by Sections Approval Process - The 2023 Restricted Stock Incentive Plan has undergone necessary approval procedures, including resolutions passed by the board and supervisory committee on December 6, 2023, and subsequent public announcements regarding the incentive recipients [4][5][6]. Performance Assessment Criteria - The performance assessment for the first grant of restricted stocks will be based on annual revenue growth rates, with specific targets set for 2024, 2025, and 2026, starting from the 2023 revenue base [10][14][19]. - The targets for the first grant are as follows: - 2024: Revenue growth rate not less than 10% - 2025: Revenue growth rate not less than 23.20% - 2026: Revenue growth rate not less than 41.68% [11][14]. Adjustments to the Plan - The plan has been adjusted to include a dual indicator assessment model focusing on both revenue growth and net profit reduction, reflecting the company's strategic goal of turning losses into profits [8][17]. - The adjustments also include changes to the supervisory body, shifting from the supervisory committee to the remuneration and assessment committee [9][20]. Individual Performance Evaluation - Individual performance evaluations will be conducted annually, with results influencing the proportion of stock that can be vested for each incentive recipient [12][13]. - The evaluation results will be categorized into four levels, determining the vesting percentage of the restricted stocks [11][13]. Long-term Strategic Goals - The adjustments to the incentive plan are aimed at ensuring the effective implementation of the company's strategic goals, particularly in cost control and resource optimization, to enhance profitability [8][19]. - The plan's performance indicators are designed to be reasonable and operable, aligning with the company's long-term development needs and benefiting the interests of all shareholders [20][21].