Huaqin Technology (SH:603296) Shang Hai Zheng Quan Bao·2025-09-29 20:44Core Viewpoint - The announcement details the results of the 2025 restricted stock incentive plan of Huqin Technology Co., Ltd, including the number of shares granted, the grant price, and the conditions surrounding the stock options [2][8]. Summary by Sections 1. Restricted Stock Grant Details - The registration date for the reserved grant of restricted stock is September 25, 2025 [2]. - A total of 440,350 shares were granted to 88 incentive recipients at a price of 39.96 yuan per share [2][8]. - The actual number of shares granted was reduced from 464,350 to 440,350 due to three recipients forfeiting their rights to 24,000 shares [2]. 2. Incentive Plan Conditions - The effective period of the incentive plan is up to 48 months from the completion of the registration [5]. - The lock-up period for the granted shares is set at 12, 24, and 36 months, during which recipients cannot transfer or use the shares as collateral [6]. 3. Financial Aspects - The total funds raised from the stock incentive plan amount to 17,596,386 yuan, with a reduction in treasury stock and capital reserve [8]. - The company’s registered capital remains at 1,015,754,580 yuan after the stock incentive [8]. 4. Registration and Compliance - The stock grant registration has been completed with the China Securities Depository and Clearing Corporation, and the company received the securities change registration certificate on September 29, 2025 [9]. - The completion of the stock registration will not change the control of the company’s major shareholders [10]. 5. Impact on Financial Status - The incentive plan will incur costs that will be recognized in the company's regular profit and loss statements over the vesting period [12].