CEM(SZ:002980) Shang Hai Zheng Quan Bao·2025-09-22 18:37Core Viewpoint - Shenzhen Huashengchang Technology Industrial Co., Ltd. has completed the registration of the reserved grant for the 2024 restricted stock incentive plan, which aims to motivate and retain key personnel through stock incentives [2][4][19]. Summary by Sections Approval Procedures - The board of directors approved the incentive plan on September 14, 2024, and the supervisory board confirmed the list of incentive recipients [2][3]. - The list of recipients was publicly announced from September 19 to September 29, 2024, with no objections received [3]. - The plan was further approved at the extraordinary shareholders' meeting on October 9, 2024 [3]. Grant Details - The reserved grant date is set for September 12, 2025, with a grant price of 7.21 yuan per share [4][5]. - A total of 260,000 shares will be granted to 4 recipients [5]. - The total number of shares involved in all effective incentive plans does not exceed 10% of the company's total equity [5]. Lock-up Period and Conditions - The effective period of the incentive plan lasts up to 60 months, with lock-up periods of 12 and 24 months for the granted shares [6]. - Shares cannot be transferred or used as collateral during the lock-up period, and unfulfilled conditions will lead to the shares being repurchased [6][7]. Performance Assessment - The release of shares from the lock-up is contingent upon meeting specific performance targets for the fiscal years 2025 and 2026 [10][12]. - Individual performance assessments will determine the actual number of shares that can be released from the lock-up [13]. Financial Impact - The estimated cost of the reserved stock grant is approximately 4.1262 million yuan, affecting the company's financial results over the years 2025 to 2027 [19][20]. - The plan is expected to enhance the company's operational efficiency and align the interests of shareholders, the company, and employees [20]. Use of Funds - Funds raised from the stock grant will be used to supplement the company's working capital [17]. Share Capital Changes - Following the completion of the stock grant registration, the company's total shares will increase from 189,141,160 to 189,401,160 [16].