Core Viewpoint - The Sichuan Zigong Transportation Machinery Group Co., Ltd. has proposed a stock option incentive plan for 2025, aiming to enhance employee motivation and align their interests with the company's growth and shareholder value [1][2]. Summary by Sections Incentive Plan Overview - The plan involves granting a total of 4.98 million stock options, representing approximately 2.12% of the company's total share capital as of September 2, 2025 [2][12]. - The stock options will be granted in a one-time allocation without any reserved rights [2][12]. Stock Option Details - The exercise price for the stock options is set at 17.32 yuan per share [4][17]. - The plan will be effective for a maximum of 48 months from the date of stock option registration [3][6]. Eligible Participants - A total of 31 individuals, including directors, senior management, and middle management, will be eligible for the stock options, excluding independent directors and major shareholders [3][10]. - The plan aims to attract and retain talented personnel who directly impact the company's performance [19]. Vesting and Exercise Conditions - The stock options will vest in three phases: 40% after 12 months, 30% after 24 months, and 30% after 36 months from the grant date [3][14]. - The exercise of options is contingent upon meeting specific performance targets, including a net profit growth rate of at least 50% based on the previous year's net profit of 157 million yuan [21][22]. Adjustments and Compliance - The number of stock options and exercise price will be adjusted in case of corporate actions such as stock splits or capital increases [12][26]. - The plan requires approval from the company's shareholders and must comply with relevant laws and regulations [5][8]. Performance Assessment - The performance assessment will be conducted annually, with specific targets set for each year to determine the eligibility for exercising options [25][21]. - Individual performance will also be evaluated, impacting the actual number of options that can be exercised [23][25].
运机集团: 2025年股票期权激励计划（草案）