THGW(SH:600365) Shang Hai Zheng Quan Bao·2025-12-30 22:44Group 1 - The company, Tonghua Grape Wine Co., Ltd., has launched a stock incentive plan for 2025, involving the issuance of 26.75 million restricted stocks, accounting for 6.26% of the total share capital [2][3] - The initial grant of the incentive plan was adjusted from 24.15 million shares to 24 million shares due to one participant voluntarily giving up their rights, while the reserved grant increased from 2.6 million shares to 2.75 million shares [3] - The first grant registration for the incentive plan was completed on September 18, 2025, and the reserved grant of 275,000 shares will be issued at a price of 2.82 yuan per share on October 30, 2025 [4][5] Group 2 - The incentive plan has a maximum validity period of 60 months, with a lock-up period of 12 to 24 months for the reserved shares [7][8] - The funds raised from the stock incentive plan will be used to supplement the company's working capital [11] - The stock incentive plan will not change the control of the company's major shareholder, although it may dilute their shareholding percentage [10]