研报掘金丨海通国际:万辰集团前期股权计划第二阶段落地,对其成长性持乐观态度

Core Insights - The implementation of the second phase of the equity incentive plan by Wancheng Group demonstrates the company's confidence in its performance growth [1] - The equity incentive plan aims to establish a profit-sharing mechanism between employees and the company, attracting and retaining core talent while enhancing team motivation [1] - The management has set challenging performance targets for the incentive plan, reflecting their confidence in future performance growth and company development [1] Company Growth Potential - The continuous expansion of the company's snack retail business network is expected to enhance scale effects and improve profitability [1] - The optimistic outlook on the company's growth potential is supported by the anticipated benefits from the incentive plan and the strategic goals of the company [1]