Sou Hu Cai Jing·2026-01-04 16:51Core Viewpoint - The company, Shenzhen Sanneng Circuit Co., Ltd. (深南电路), is actively engaging in stock incentive plans and foreign exchange hedging to enhance its operational stability and shareholder value while managing associated risks. Trading Information Summary - As of December 31, 2025, the company's stock closed at 232.29 yuan, down 0.62%, with a turnover rate of 0.98% and a trading volume of 64,900 lots, amounting to a total transaction value of 1.513 billion yuan [1] - On the same day, the net inflow of main funds was 83.49 million yuan, accounting for 5.52% of the total transaction value, while retail investors experienced a net outflow of 59.53 million yuan, representing 3.94% of the total transaction value [1] Company Announcements Summary - The company held its 11th meeting of the 4th Board of Directors on December 30, 2025, where it approved the revised draft of the A-share restricted stock incentive plan (Phase II) and related proposals for foreign exchange derivative hedging and expected daily related transactions for 2026 [1] - The company plans to hold its first extraordinary general meeting of shareholders for 2026 on January 15, 2026, to discuss changes to non-independent directors and the A-share restricted stock incentive plan [2] Daily Related Transactions Announcement - The company anticipates daily related transactions for 2026 with Aviation Industry Corporation and its subsidiaries, as well as Huajin Semiconductor, with a total amount not exceeding 853.09 million yuan [3] - The actual related transaction amount from January to November 2025 was 718.86 million yuan, with pricing based on market rates to ensure fairness and independence [3] Foreign Exchange Derivative Hedging Business - The company intends to conduct foreign exchange derivative transactions, including forward and swap contracts, with a total transaction amount not exceeding 126 million USD for the year [4] - The hedging aims to manage exchange rate and interest rate risks associated with international business, with a focus on compliance and risk control [4] A-share Restricted Stock Incentive Plan (Phase II) - The company plans to grant 15.1617 million shares of restricted stock to 660 incentive targets, representing 2.27% of the total share capital, at a grant price of 114.72 yuan per share [5][7] - The incentive plan includes a 5-year validity period with a 2-year lock-up and a 3-year unlocking period, contingent on company performance and individual assessments [6][7]