XCMG(SZ:000425) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-26 03:43Group 1 - The company held its second extraordinary general meeting of shareholders on December 25, 2025, with a total of 1,204 shareholders present, representing 6,587,543,622 shares, which is 57.78% of the total voting shares [4][6] - The meeting was conducted in accordance with relevant laws and regulations, and no resolutions were rejected [1][3] - The legal opinions provided by the law firm confirmed that the meeting's procedures and resolutions were in compliance with applicable laws and regulations [10] Group 2 - The company’s board of directors held its 42nd meeting on December 25, 2025, where all nine directors were present and voted [14] - The board approved adjustments to the 2025 stock option and restricted stock incentive plan, reducing the number of initial grant recipients from 4,700 to 4,545 and adjusting the number of stock options and restricted stocks accordingly [16][31] - The total number of stock options granted was adjusted to 138,183,000, with a reserved portion of 16,617,000, while the total number of restricted stocks granted was adjusted to 283,616,000, with a reserved portion of 31,584,000 [32][70] Group 3 - The initial grant date for the stock options and restricted stocks was set for December 25, 2025, with an exercise price of 9.67 yuan per option and a grant price of 4.84 yuan per restricted stock [45][76] - The incentive plan is designed to motivate key personnel, including middle management and core technical staff, with a total of 4,536 recipients for stock options and 4,545 for restricted stocks [51][80] - The plan includes performance assessments over the years 2025 to 2028, with specific performance targets tied to the granting and vesting of the options and stocks [67]