晶澳科技: 2025年股票期权激励计划（草案）

Core Viewpoint - The draft stock option incentive plan for 2025 by JA Solar Technology Co., Ltd. aims to enhance the company's governance structure and motivate its management and key personnel to drive sustainable growth and performance [2][10]. Group 1: Plan Overview - The incentive plan is based on relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [2]. - The plan will grant a total of 161.776185 million stock options, accounting for approximately 4.89% of the company's total share capital of 3,309.6816 million shares [3][15]. - The exercise price for the stock options is set at 9.15 yuan per share [5][7]. Group 2: Eligibility and Participants - The plan targets 1,975 individuals, including directors (excluding independent directors), senior management, core technical personnel, and key staff [13][11]. - Individuals who have been deemed inappropriate by the stock exchange or the China Securities Regulatory Commission within the last 12 months are excluded from eligibility [11][12]. Group 3: Performance Conditions - The plan includes performance conditions that must be met for the stock options to be exercised, with specific profit targets set for the years 2025 and 2026 [24][25]. - The first exercise period requires a net profit for 2025 to be at least 5% higher than the previous year's net profit, while the second period requires a positive net profit for 2026 [24]. Group 4: Implementation and Governance - The plan will be implemented after approval by the company's shareholders and will be overseen by a compensation and assessment committee [10][32]. - The plan includes provisions for adjusting the number of stock options and exercise prices in the event of corporate actions such as stock splits or dividends [28][29]. Group 5: Rights and Obligations - The company commits not to provide any financial assistance or guarantees for the stock options granted under this plan [5][39]. - The rights and obligations of both the company and the incentive participants will be clearly defined in the stock option grant agreements [39].