Kiwi Instruments(SH:688045) Zheng Quan Zhi Xing·2025-09-05 16:23Core Viewpoint - The company has adjusted the list of recipients for the 2025 restricted stock incentive plan, reducing the number of recipients from 158 to 157 due to compliance issues related to insider trading [1][4]. Decision-Making Process and Disclosure - The company held a board meeting on August 15, 2025, to approve the draft of the 2025 restricted stock incentive plan and related proposals [2]. - From August 19 to August 28, 2025, the company publicly announced the names and positions of the initial recipients of the incentive plan, receiving no objections from employees [2]. - On September 5, 2025, the company convened a temporary shareholders' meeting to approve the incentive plan and related matters [3]. Adjustment Details - One recipient was found to have engaged in stock trading after being registered as an insider, leading to the decision to revoke their eligibility for the incentive plan [3][4]. - The adjustment does not change the total number of shares to be granted, which remains the same [4]. Impact of the Adjustment - The adjustment complies with relevant laws and regulations and is not expected to affect the stability of the company's core team or its financial performance significantly [4]. - The adjustment was made within the authority granted by the shareholders and does not require further shareholder approval [4]. Committee's Opinion - The board's remuneration and assessment committee confirmed that the adjustment aligns with legal requirements and does not harm the interests of the company or its shareholders [4]. Legal Opinion - The legal counsel concluded that the adjustments and grants have received necessary approvals and meet all legal requirements, ensuring the legitimacy of the actions taken by the company [5].