AWINIC(SH:688798) Shang Hai Zheng Quan Bao·2025-12-19 20:48Group 1 - The company held its 15th meeting of the 4th Board of Directors on December 19, 2025, to discuss and approve the 2025 Restricted Stock Incentive Plan draft and its summary [1][2][5] - The meeting was attended by all 6 directors, and the resolutions passed were deemed legal and effective [1][3] Group 2 - The board approved the 2025 Restricted Stock Incentive Plan to enhance the long-term incentive and constraint mechanism, attract and retain talent, and align the interests of shareholders, the company, and core team members [2][18] - The plan aims to ensure the company's strategic development and operational goals are met while safeguarding shareholder interests [2][18] Group 3 - The board also approved the management measures for the implementation of the 2025 Restricted Stock Incentive Plan, ensuring its smooth execution [6][10] - This plan requires further approval from the shareholders' meeting [9][13] Group 4 - The board proposed to authorize the board to handle matters related to the 2025 Restricted Stock Incentive Plan, including determining the grant date and adjusting stock quantities and prices in case of capital changes [10][12] - The proposal received unanimous support from the board [12][15] Group 5 - The company plans to hold the first extraordinary shareholders' meeting of 2026 on January 7, 2026, to review the matters requiring shareholder approval [14][15] Group 6 - The 2025 Restricted Stock Incentive Plan draft indicates that the company intends to grant 1 million shares of restricted stock, accounting for approximately 0.43% of the total share capital [23][24] - The plan targets 113 core employees, representing about 12.53% of the total workforce as of June 30, 2025 [26][27] Group 7 - The grant price for the restricted stock is set at 41.35 yuan per share, which is aligned with the company's stock performance prior to the announcement [31][32] - The plan's effective period is from the grant date until the shares are fully vested or become invalid, lasting no more than 48 months [32][36] Group 8 - The performance assessment for the incentive plan is based on the company's revenue growth targets of 15%, 30%, and 45% for the years 2026, 2027, and 2028, respectively [45][46] - The assessment aims to reflect the company's growth potential and competitive position in the industry [45][46]