ZHUHAI COSMX(SH:688772) Zheng Quan Zhi Xing·2025-08-25 17:05Core Viewpoint - Zhuhai Guanyu Battery Co., Ltd. has successfully completed the conditions for the initial grant of stock options and restricted stocks under its 2025 Stock Option and Restricted Stock Incentive Plan, with the first grant date set for August 25, 2025 [1][4][6]. Group 1: Grant Details - The company will grant a total of 17,499,090 stock options to 138 eligible participants and 13,296,970 restricted stocks to 797 eligible participants [1][7]. - The total number of stock options and restricted stocks granted is 30,796,060 shares, accounting for approximately 2.72% of the company's total share capital of 1,132,068,851 shares [4][7]. - The exercise price for stock options is set at 14.76 yuan per share, while the grant price for restricted stocks is 9.00 yuan per share [7][11]. Group 2: Approval Process - The board of directors and the supervisory board have verified and approved the incentive plan, ensuring compliance with relevant regulations and internal procedures [2][6]. - The incentive plan was publicly disclosed on the Shanghai Stock Exchange website prior to the grant, with no objections raised during the public notice period [2][3]. Group 3: Adjustments and Compliance - The number of eligible participants was adjusted from 798 to 797 due to one participant's departure, but the total number of granted shares remained unchanged [3][11]. - The board confirmed that both the company and the participants meet all conditions for the grant, as outlined in the relevant regulations [5][6]. Group 4: Financial Impact - The estimated total expense for the stock options is 71.83 million yuan, with a breakdown of expenses over the years 2025 to 2028 [11]. - The implementation of this incentive plan is expected to enhance employee cohesion and operational efficiency, potentially leading to improved business performance [11].