SHHDKJ(SH:603192) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-20 00:31Core Viewpoint - Shanghai Huid Technology Co., Ltd. has completed the registration of the reserved portion of its 2024 restricted stock incentive plan, granting 621,750 shares at a price of 6.90 yuan per share to 30 eligible participants, following an adjustment from the previous price of 7.27 yuan per share [2][22]. Group 1: Restricted Stock Grant Details - The reserved portion of restricted stock was granted on August 29, 2025, with a total of 621,750 shares allocated [3][5]. - The adjustment of the grant price from 7.27 yuan to 6.90 yuan was approved by the board due to the completion of the 2024 annual profit distribution [2][22]. - The total number of shares after the grant increased from 141,132,667 to 141,754,417 [17][22]. Group 2: Performance Conditions and Vesting - The vesting of the restricted stock is contingent upon meeting performance targets for the fiscal years 2024, 2025, and 2026, with annual assessments [9][12]. - If the company fails to meet the performance targets, the corresponding restricted stock will not be released and will be subject to buyback at the grant price plus interest [12][14]. Group 3: Financial Impact and Use of Funds - The funds raised from the restricted stock grant will be used to supplement the company's working capital [18]. - The stock option plan is expected to have a minor impact on the company's net profit due to the amortization of stock payment expenses, but it is anticipated to enhance overall company performance [19][20].