YGSOFT(SZ:002063) Zheng Quan Zhi Xing·2025-08-25 16:43Core Viewpoint - The company has approved the second exercise period of its 2021 stock option incentive plan, allowing for self-exercise of stock options at a price of 5.77 yuan per share, with a total of 12,445,746 options available for eligible participants [1][14][15]. Summary by Sections Incentive Plan Overview - The 2021 stock option incentive plan has undergone necessary procedures and has been approved by the Shenzhen Stock Exchange, with registration completed at the China Securities Depository and Clearing Corporation [2]. - The number of incentive participants has been adjusted from 665 to 662, with the total number of options granted increased from 33,494,821 to 40,043,272 [3][6]. Adjustments and Conditions - The exercise price was adjusted from 8.51 yuan to 7.05 yuan, and subsequently to 5.83 yuan due to company actions such as dividend distributions [8][7]. - The second exercise period's conditions have been met, allowing 591 eligible participants to exercise their options [9][11]. Performance Metrics - The company's performance metrics for the incentive plan include a net asset return rate of at least 7.9% and a net profit growth rate of at least 10.02% compared to 2020 [11]. - The individual performance of participants is linked to their ability to exercise options, with specific criteria for full or partial exercise based on performance evaluations [12][13]. Exercise Details - The exercise period is set from August 27, 2025, to July 10, 2026, with specific restrictions on when options can be exercised [16]. - The total number of options available for exercise is 12,653,585, with adjustments made for participants who have left the company or opted out [15][17]. Financial Impact - If all options are exercised, the company's net assets will increase by approximately 71.81 million yuan, with a corresponding increase in total shares [18]. - The exercise of options is not expected to significantly impact the company's financial results for the year [18]. Compliance and Reporting - The company will comply with relevant laws regarding stock trading and will report on changes in incentive participants and stock option parameters quarterly [19][20].