CORUN(SH:600478) Shang Hai Zheng Quan Bao·2025-11-21 19:58Core Viewpoint - The announcement details the completion of the stock option incentive plan for Hunan Keli Yuan New Energy Co., Ltd., including the number of options granted and the decision-making process involved in the plan [2][14]. Group 1: Stock Option Plan Details - The stock option reserve grant registration was completed on November 20, 2025 [2]. - A total of 5 million stock options were reserved for 12 individuals [2][9]. - The stock option grant date is set for October 23, 2025, with an exercise price of 3.87 yuan per share [9]. Group 2: Decision-Making Process - The board of directors approved the stock option incentive plan on April 21, 2025, after discussions in various meetings [3][4]. - The plan underwent a public disclosure period from April 22 to May 1, 2025, during which no objections were raised [3]. - The annual shareholders' meeting on May 20, 2025, also approved the plan [4]. Group 3: Terms and Conditions - The effective period of the stock options is up to 54 months from the completion of the initial grant registration [6]. - The waiting periods for the stock options are set at 12, 24, and 36 months [6]. - The exercise of options is subject to specific conditions, including company performance metrics and individual performance assessments [11][12]. Group 4: Financial Impact - The company will use the Black-Scholes model to calculate the fair value of the stock options, which will impact the company's financial performance [15]. - The estimated incentive costs from the stock option plan are expected to influence the company's operating results, while also potentially enhancing employee motivation and company value [16].