Core Viewpoint - The company is proposing a restricted stock incentive plan for 2025, aimed at attracting and retaining talent while aligning the interests of shareholders, the company, and core team members [2][9][22]. Group 1: Incentive Plan Overview - The incentive plan involves granting up to 1.05 million restricted stocks, accounting for approximately 0.67% of the company's total share capital of 155.865 million shares [2][13]. - The grant price for the restricted stocks is set at 13.57 yuan per share [2][19]. - The plan is designed to motivate four senior management and key employees, excluding independent directors and major shareholders [4][12]. Group 2: Conditions and Adjustments - The plan stipulates that the grant and vesting of stocks will be adjusted in case of corporate actions like stock dividends or capital increases [3][13]. - The vesting period for the restricted stocks is a maximum of 48 months, with specific performance targets set for each year [6][19]. - The performance targets include achieving a net profit of no less than 1 million yuan for the year 2025 [20][22]. Group 3: Governance and Compliance - The company's board of directors is responsible for implementing the plan, with oversight from the remuneration and assessment committee [9][10]. - The plan requires approval from the shareholders' meeting before implementation [10][12]. - The company commits not to provide financial assistance to the incentive recipients for acquiring the restricted stocks [4][12]. Group 4: Accounting and Financial Impact - The company will account for the stock incentive costs according to relevant accounting standards, estimating the impact on net profit during the vesting period [27][28]. - The estimated total expense for the stock incentive plan will be amortized over the vesting period, affecting the company's financial statements [27][28]. Group 5: Termination and Changes - The plan may be terminated if the company faces adverse conditions such as negative audit opinions or failure to distribute profits as promised [29][30]. - Changes in the legal framework regarding stock incentives will be adhered to, ensuring compliance with updated regulations [12][29].
华如科技: 2025年限制性股票激励计划（草案）摘要