Thinkon Semi(SH:688233) Zheng Quan Zhi Xing·2025-08-22 10:18Core Viewpoint - The announcement details the grant of reserved restricted stocks under the 2024 incentive plan for Jinzhou Shengkong Semiconductor Co., Ltd, with a total of 146,616 shares to be granted on August 22, 2025, representing 0.0861% of the company's total share capital [1][6][10]. Summary by Sections Restricted Stock Grant Details - The reserved stock grant date is set for August 22, 2025, with a total of 146,616 shares to be granted, which accounts for 15.42% of the total reserved stock [1][8]. - The stock grant is categorized as the second type of restricted stock under the 2024 incentive plan [1]. Decision-Making Process - The board of directors and the supervisory board have approved the relevant proposals regarding the incentive plan, ensuring compliance with disclosure requirements [2][3]. - The supervisory board verified the list of incentive recipients and issued relevant opinions [2]. Conditions for Granting - The granting conditions outlined in the incentive plan have been met, with no disqualifying events occurring for the company or the incentive recipients [6][10]. - The grant price for the restricted stock has been adjusted from 13.82 yuan per share to 13.745 yuan per share due to the company's profit distribution plan [4]. Vesting Schedule - The restricted stocks will vest in two phases: 50% after 12 months and the remaining 50% after 24 months from the grant date, contingent on meeting performance criteria [7][8]. - Specific periods are defined during which the stocks cannot vest, including prior to financial report announcements and during significant corporate events [7]. Financial Impact and Accounting Treatment - The estimated total expense for the reserved stock grant will be amortized over the vesting period, impacting the company's net profit in the coming years [11]. - The fair value of the restricted stocks will be calculated using the Black-Scholes model, and the costs will be recognized in the company's financial statements [11]. Legal Compliance - The legal opinion confirms that the reserved stock grant has obtained necessary approvals and complies with relevant regulations and the incentive plan [11][12].