Giantec Semiconductor(SH:688123) Zheng Quan Zhi Xing·2025-08-22 10:18Core Viewpoint - The company has announced adjustments to the grant prices of its restricted stock incentive plans for 2021, 2022, and 2023, as well as the cancellation of certain restricted stocks due to various reasons including personal departures of incentive targets and annual equity distribution matters [1]. Summary by Relevant Sections 2021 Restricted Stock Incentive Plan - The grant price for the 2021 plan has been adjusted from 16.02 CNY/share to 15.72 CNY/share [1]. - The decision followed the approval from the 2020 annual general meeting and subsequent meetings, confirming that the conditions for the first vesting period have been met [3][4]. - The company has also decided to cancel 80,000 shares of restricted stock that were granted but not vested due to the departure of certain incentive targets [3]. 2022 Restricted Stock Incentive Plan - The grant price for the 2022 plan has been adjusted from 16.33 CNY/share to 16.03 CNY/share [1]. - The company confirmed that the conditions for the first vesting period have been met, allowing for the processing of vesting for eligible incentive targets [15]. - A total of 384,950 shares were approved for vesting, while 43,300 shares that were granted but not vested were canceled [14]. 2023 Restricted Stock Incentive Plan - The grant price for the 2023 plan has been adjusted from 27.40 CNY/share to 27.10 CNY/share [1]. - The company has approved the grant of 1,138,200 shares to 68 incentive targets at a price of 27.60 CNY/share, with the grant date set for October 18, 2023 [18]. - The plan has undergone the necessary approval processes, including independent director opinions and compliance checks regarding insider trading [18].