UCAP(SH:688228) Zheng Quan Zhi Xing·2025-08-24 16:13Core Viewpoint - The company has announced the grant of reserved stock options as part of its 2025 stock option incentive plan, with a total of 300,000 shares to be granted on August 25, 2025, representing 0.44% of the company's total share capital [1][4]. Group 1: Stock Option Grant Details - The reserved stock option grant date is set for August 25, 2025 [1]. - A total of 300,000 stock options will be granted to 5 incentive objects, with an exercise price of 57.689 yuan per share [4][19]. - The stock options are part of the company's 2025 stock option incentive plan, which has been approved by the board and the shareholders [2][19]. Group 2: Approval and Compliance - The company has completed all necessary approval procedures and disclosed relevant information regarding the stock option incentive plan [2][3]. - The board and supervisory committee have verified the list of incentive objects and confirmed compliance with the conditions set forth in the incentive plan [6][16]. - The incentive plan adheres to the regulations of the Shanghai Stock Exchange and relevant laws [19]. Group 3: Performance Conditions - The stock options will have a waiting period of 12 to 24 months before they can be exercised [8][10]. - The performance assessment for the stock options will be based on the company's financial performance in the years 2025 and 2026, with specific targets for revenue and net profit [10][11]. - If the performance targets are not met, the stock options will be canceled and not carried over to future years [12][13]. Group 4: Financial Impact and Accounting - The company will recognize the stock option expenses in accordance with accounting standards, estimating the impact on net profit over the years [17][18]. - The fair value of the stock options will be calculated using the Black-Scholes model, and the costs will be amortized over the vesting period [17][18].