ZHUHAI COSMX(SH:688772) Zheng Quan Zhi Xing·2025-08-25 17:05Core Viewpoint - Zhuhai Guanyu Battery Co., Ltd. has implemented a stock option and restricted stock incentive plan for 2025, which has undergone necessary approval processes and adjustments to the list of incentive recipients due to a departure of one individual [4][7][10]. Summary by Sections Incentive Plan Overview - The incentive plan includes stock options and restricted stocks aimed at motivating key personnel, including directors, senior management, and core technical staff [1][4]. - The total number of initial incentive recipients was adjusted from 798 to 797, and the total number of shares granted was reduced from 33.81 million to 33.79 million [7]. Approval Process - The plan has passed through the required approval procedures, including verification by the board's remuneration and assessment committee and the supervisory board [4][5]. - The company disclosed the list of initial incentive recipients on August 20, 2025, on the Shanghai Stock Exchange website [5]. Conditions for Granting - Recipients must meet specific conditions to be eligible for stock options and restricted stocks, including no negative audit opinions in the last fiscal year and no legal restrictions on participating in the incentive plan [7][10]. - The board confirmed that neither the company nor the recipients fell under any disqualifying conditions [7]. Specifics of the Grant - The incentive plan's effective period lasts up to 60 months from the grant date, with specific timelines for exercising options and vesting of restricted stocks [8][10]. - The distribution of stock options among recipients includes 31.28% for directors and senior management, while 60.83% is allocated to other key personnel [9][10]. Financial Impact - The company will account for the costs associated with the incentive plan in accordance with relevant accounting standards, and shareholders are advised to consider potential dilution effects [10].