Shang Hai Zheng Quan Bao·2025-11-04 19:44Core Viewpoint - The company announced the cancellation of 180,000 unvested restricted stocks from its 2022 A-share incentive plan due to the departure of five incentive recipients who no longer meet the eligibility criteria [8][9][40]. Group 1: Incentive Plan Approval and Implementation - The company held its first board meeting on October 16, 2022, to approve the draft of the 2022 A-share restricted stock incentive plan and its implementation management measures [22][31]. - The plan involves granting a total of 3.58 million restricted stocks, representing approximately 0.6578% of the company's total share capital at the time of the announcement [22][23]. - The initial grant includes 872,305 A-class stocks and 1,996,400 B-class stocks, with a grant price of 36.36 yuan per share [22][23]. Group 2: Cancellation of Restricted Stocks - The board of directors approved the cancellation of 180,000 restricted stocks that were granted but not vested due to the departure of five recipients [8][40]. - This cancellation will not significantly impact the company's operational status or the stability of its technical and management teams [9][40]. Group 3: Legal and Compliance Aspects - The company has fulfilled necessary approvals and disclosures in accordance with relevant laws and regulations regarding the cancellation of the restricted stocks [11][44]. - The legal opinion confirms that the cancellation and the overall incentive plan comply with the applicable laws and regulations [11][44].