Shang Hai Zheng Quan Bao·2025-10-28 23:17Core Viewpoint - The company has updated its A-share restricted stock incentive plan, adjusting the number of incentive targets, the number of restricted stocks to be granted, and related expressions concerning the supervisory board to better implement the plan [40][59]. Summary by Sections 1. Adjustment Methods for Grant Price of Restricted Stocks - The adjustment methods for the grant price of restricted stocks include calculations based on capital reserve transfers, stock dividends, stock splits, rights issues, reverse stock splits, and cash dividends [1][2][3][4][5]. 2. Accounting Treatment of Restricted Stocks - The company will adjust the expected number of restricted stocks that can be released based on the latest information on the number of employees eligible for release and performance indicators, in accordance with accounting standards [6][10][11]. 3. Implementation Procedures of the Incentive Plan - The implementation of the restricted stock incentive plan requires approval from the board of directors and must be reviewed by the shareholders' meeting [14][15][16]. 4. Updates to the Incentive Plan - The number of initial grant targets has been reduced from 220 to 195, and the total number of restricted stocks to be granted has been adjusted from 41.8 million shares to 40.35 million shares, which is approximately 2.90% of the company's total share capital [46][52]. 5. Impact on Financial Performance - The incentive costs arising from the plan will be recorded in regular profits and losses, with an estimated share payment cost of 3.20 yuan per share based on the closing price on the day before the announcement [11][55]. 6. Legal and Financial Opinions - Legal and independent financial advisors have concluded that the updated incentive plan complies with relevant laws and regulations and will not adversely affect the company's financial status or operating results [61][62].