Hainan Mining(SH:601969) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-02-12 22:57Core Viewpoint - The company has completed the registration of its 2024 restricted stock incentive plan, which involves the granting of 3,563,135 shares to 105 individuals, aimed at enhancing employee motivation and aligning their interests with shareholders [2][5][10]. Group 1: Approval and Disclosure Procedures - The company held board and supervisory meetings on December 15, 2024, to approve the incentive plan and related proposals [2]. - On January 1, 2025, the company disclosed the public solicitation of independent directors for voting rights on the Shanghai Stock Exchange [3]. - The company conducted an internal announcement of the incentive plan's beneficiaries from December 16 to December 25, 2024, with no objections received [3]. Group 2: Granting and Registration Details - The first grant of restricted stock was registered on March 28, 2025, totaling 15,892,000 shares for 129 individuals [4]. - The actual number of shares granted in the reserve was 3,563,135, with 14 individuals voluntarily forfeiting their shares, resulting in 105 beneficiaries [6][10]. - The registration of the restricted stock was completed on February 11, 2026, with the company receiving the necessary documentation from the Shanghai Clearing House [10]. Group 3: Financial Implications and Use of Funds - The funds raised from the stock grant amounted to RMB 22,768,432.65, which will be used to supplement the company's working capital [10]. - The company will recognize the stock payment expenses in accordance with accounting standards, impacting its financial results over the duration of the incentive plan [11]. Group 4: Impact on Shareholding Structure - The stock grant will not change the company's total share capital or the control of its major shareholders, as the shares were repurchased from the secondary market [10].