DAWEI(SZ:002213) Zheng Quan Zhi Xing·2025-09-04 12:12Core Viewpoint - The company has successfully completed the second exercise period of its stock option and restricted stock incentive plan, allowing eligible participants to exercise their options under specified conditions [1][12][15]. Summary by Sections Incentive Plan Overview - The incentive plan includes the grant of stock options and restricted stocks, with the second exercise period set from August 28, 2025, to August 27, 2026, allowing for a total of 151,530 stock options to be exercised at a price of 12.409 yuan per share [1][12]. Approval Process - The company’s board and supervisory board approved the incentive plan and its related documents through multiple meetings held in June and July 2023, with independent opinions provided by financial advisors and legal counsel [2][3][4]. Granting of Options - On August 28, 2023, the company granted a total of 1,677,300 rights under the incentive plan, including 595,100 stock options and 1,082,200 restricted stocks, with exercise prices set at 12.43 yuan and 7.77 yuan respectively [5][6]. Exercise Conditions - The conditions for exercising the stock options have been met, with the second waiting period concluding on August 27, 2025. The exercise conditions include no negative audit opinions and compliance with legal regulations [12][13]. Financial Impact - The exercise of stock options will increase the company's total share capital by 151,530 shares, with minimal impact on earnings per share and overall financial results [15][16]. Management of Funds - Funds raised from the exercise will be used to supplement the company's working capital, while the individual income tax obligations of the incentive participants will be managed by the participants themselves [15][16]. Stock Structure and Compliance - The exercise of stock options is not expected to significantly affect the company's stock structure or its compliance with listing requirements [16]. Reporting and Transparency - The company commits to disclosing changes in incentive participants, adjustments to stock option parameters, and the status of the exercise in regular and interim reports [17].