Shanghai Friendess(SH:688188) Zheng Quan Zhi Xing·2025-08-25 16:53Core Viewpoint - The company has announced adjustments to the 2024 restricted stock incentive plan, including changes to the number of shares granted and the grant price, following the completion of its profit distribution plans for 2024 [1][2][3]. Summary by Sections Decision Process and Disclosure - The company held meetings to review and approve the adjustments to the incentive plan, ensuring compliance with relevant regulations and disclosing necessary information on the Shanghai Stock Exchange [1][2]. Adjustments to Grant Quantity and Price - The total number of restricted shares originally planned for grant was 1.095 million shares, which has been adjusted to 1.533 million shares. The number of shares granted has increased from 879,000 to 1.2306 million, while the reserved shares have increased from 216,000 to 302,400 [2][3]. - The grant price has been adjusted from 93.94 yuan per share to 65.05 yuan per share, following the implementation of the profit distribution and capital reserve increase [3]. Implementation Differences - Aside from the adjustments in grant quantity and price, all other aspects of the incentive plan remain consistent with what was approved at the second extraordinary general meeting of shareholders in 2024 [3]. Impact on Company - The final impact of the grant price adjustment on the company's operating performance will be determined by the annual audit report from the accounting firm [3]. Supervisory Board Opinion - The supervisory board has expressed agreement with the adjustments, stating that they are in line with the company's regulations regarding capital reserve increases and profit distributions [3]. Legal Opinion - The legal opinion confirms that the adjustments to the grant quantity and price comply with relevant laws and regulations, ensuring the incentive plan's validity [3].