Core Viewpoint - The company has approved the first grant of restricted stock under its 2025 Restricted Stock Incentive Plan, granting 1,498,000 shares at a price of 12.63 yuan per share to 10 eligible recipients, with the grant date set for September 2, 2025 [1][10][14]. Summary by Sections Incentive Plan Overview - The 2025 Restricted Stock Incentive Plan aims to motivate directors, senior management, and other key personnel deemed necessary for incentivization [1][4]. - The total number of shares granted is 1,498,000, which represents 82.31% of the total incentive plan [3][11]. Grant Details - The grant includes 1,498,000 shares to 10 recipients, with 700,000 shares allocated to directors and senior management, and 798,000 shares to other incentivized personnel [3][11]. - A reserve of 322,000 shares (17.69% of the total) is set aside for future grants [3][11]. Vesting Conditions - The vesting of the restricted stock is contingent upon meeting specific performance targets over three years, with annual assessments [6][7]. - The performance targets are set as follows: - 2025: Revenue growth of at least 25% compared to 2024 - 2026: Revenue growth of at least 50% compared to 2024 - 2027: Revenue growth of at least 100% compared to 2024 [6][7]. Approval Process - The plan has undergone necessary approvals, including reviews by the Compensation and Assessment Committee and the Board of Directors [9][10]. - The company has confirmed that all grant conditions have been met, ensuring compliance with relevant regulations [10][14]. Financial Impact - The fair value of the restricted stock will be calculated using the Black-Scholes model, and the associated costs will be recognized over the vesting period [11][12]. - The estimated total expense for the first grant will impact the company's net profit across the years 2025 to 2028 [12]. Compliance and Legal Review - A legal opinion confirms that the grant complies with all applicable laws and regulations, and the eligibility of the recipients has been verified [14][15].
洁雅股份: 关于向激励对象首次授予限制性股票的公告