中山大洋电机股份有限公司关于2025年股票期权激励计划授予登记完成的公告

Core Viewpoint - The announcement details the completion of the stock option incentive plan registration for Zhongshan Dayang Electric Co., Ltd., which aims to motivate and retain key personnel through stock options [1][11]. Summary by Sections Incentive Plan Overview - The incentive plan involves granting stock options as the incentive tool [2]. - The total number of stock options to be granted is 15,334,080, representing approximately 0.63% of the company's total share capital of 2,442,421,982 shares at the time of the announcement [2]. - The plan targets 693 individuals, including middle management and key technical/business personnel [2]. - The exercise price for the stock options is set at 6.02 yuan per option [3]. - The plan is valid for a maximum of 48 months from the completion of the registration [2]. - Stock options can be exercised starting 12 months after the grant date [2]. Performance Conditions - The exercise of stock options is contingent upon meeting company-level performance targets over three accounting years [4]. - Specific performance metrics include audited consolidated revenue and net profit, excluding certain costs related to stock incentive plans [4]. - Individual performance assessments must also meet a minimum standard for the options to be exercised [5]. Approval Process - The plan underwent several approval steps, including board meetings and shareholder meetings, with no objections raised during the public notice period [6][7]. - The board approved the plan on November 3, 2025, with necessary legal opinions obtained [7]. Registration Completion - The registration for the stock options was completed on November 11, 2025 [11]. - The options are identified by code 037938 and abbreviated as 洋JLC12 [11]. Financial Impact - The implementation of the incentive plan is expected to enhance the company's long-term incentive mechanisms, attract and retain talent, and align the interests of shareholders, the company, and management [11].