WEIXING(SZ:002003) Shang Hai Zheng Quan Bao·2025-11-06 19:13Core Viewpoint - The announcement details the completion of the first grant registration of restricted stock under the sixth equity incentive plan of Zhejiang Weixing Industrial Development Co., Ltd, involving 19.42 million shares at a price of 5.12 yuan per share, which represents 1.66% of the company's total share capital before the grant [2][5][12]. Group 1: Equity Incentive Plan Details - The total number of restricted stocks granted is 19.42 million shares, which is 1.66% of the company's total share capital before the grant [2]. - The number of incentive recipients is 194, with an adjusted grant price of 5.12 yuan per share [2][5]. - The grant date for the restricted stocks is October 21, 2025, and the listing date is November 11, 2025 [5][9]. Group 2: Approval and Compliance Process - The sixth equity incentive plan was approved by the board on September 26, 2025, and the plan includes a total of 23 million shares, with 20 million shares for the first grant [3][4]. - The plan underwent public disclosure and received no objections from employees during the public notice period [3]. - The board confirmed the legality and validity of the incentive recipients and adjusted the recipient list from 197 to 196 due to compliance issues [4][7]. Group 3: Financial Impact and Use of Funds - The total funds raised from the stock subscription amount to 99.43 million yuan, which will be used to supplement working capital [9][14]. - The implementation of the incentive plan is expected to have a positive impact on the company's performance, outweighing the costs associated with the stock compensation [12]. - The diluted earnings per share for 2024 is projected to be 0.59 yuan based on the latest share capital of 1,188,309,653 shares [13].