Core Viewpoint - The company is proposing a 2025 Restricted Stock Incentive Plan aimed at enhancing its long-term incentive mechanism to attract and retain talent, aligning the interests of shareholders, the company, and core team members for sustainable development [8][9][22]. Group 1: Incentive Plan Overview - The incentive plan involves granting 4,034,582 restricted shares, accounting for approximately 1.00% of the company's total share capital at the time of the announcement [2][14]. - The initial grant will consist of 3,997,060 shares, representing about 99.07% of the total shares to be granted, while 37,522 shares are reserved for future grants [2][14]. - The grant price for the initial shares is set at 11.03 yuan per share, which is based on the average trading price of the company's shares prior to the announcement [21][22]. Group 2: Eligibility and Conditions - The plan is designed for 329 eligible participants, including directors, senior and middle management, and key technical personnel, excluding independent directors [5][11]. - The eligibility criteria ensure that participants have not been deemed inappropriate by regulatory bodies within the last 12 months [6][11]. - The plan stipulates that the shares granted will not confer shareholder rights until they are vested, and they cannot be transferred or used as collateral before vesting [2][5]. Group 3: Vesting Schedule and Performance Targets - The vesting of the initial grant will occur in three phases: 30% after 12 months, 30% after 24 months, and 40% after 36 months from the grant date [5][18]. - Performance targets for the vesting periods are set, with revenue growth of at least 25% for 2025 and 55% for 2026, based on 2024 figures [23][24]. - If the performance targets are not met, the shares will not vest and will be forfeited [23][24]. Group 4: Governance and Oversight - The plan requires approval from the company's board and shareholders, with the board responsible for its implementation and oversight [9][10]. - The remuneration and assessment committee will review the plan and ensure compliance with relevant laws and regulations [10][11]. - Any changes to the plan must be approved by the board and disclosed to shareholders [10][30]. Group 5: Adjustments and Accounting Treatment - Adjustments to the number of shares and grant price may occur due to corporate actions such as stock splits or dividends [27][28]. - The accounting treatment for the shares will follow relevant accounting standards, with expenses recognized over the vesting period based on the fair value of the shares [29][30].
赛维时代: 2025年限制性股票激励计划（草案）摘要