万润新能公布员工持股计划，彰显公司强劲发展信心

Core Viewpoint - The company has announced an employee stock ownership plan (ESOP) to enhance long-term incentive mechanisms and bind the interests of the core team, reflecting confidence in future business performance [2][3] Group 1: Employee Stock Ownership Plan - The ESOP involves a maximum of 2.316% of the company's total share capital, with 2.2122% allocated for initial transfers and 0.1004% reserved [1] - The plan is expected to involve up to 301 employees who significantly impact the company's performance and future development [2] - The purchase price for the shares is set at 43.16 yuan per share, which is 50% of the average trading price prior to the announcement [2] - The total funding for the ESOP is estimated to be no more than 125.8811 million yuan [2] Group 2: Performance Assessment - The performance assessment for the ESOP will focus on revenue growth rate, lithium iron phosphate sales growth rate, and net profit attributable to shareholders, with 2026 and 2027 as the assessment years [2] - The company aims to achieve over 200 million yuan in net profit in 2026 and over 600 million yuan in 2027 to meet the full allocation criteria [2] - The comparison with the projected net profit of -446 million yuan for 2025 indicates the company's strong confidence in performance improvement [2] Group 3: Industry Context - The demand for lithium iron phosphate is experiencing rapid growth, with prices increasing by up to 26.4% from early January to late February [4] - The global shipment of lithium iron phosphate is expected to reach 5.25 million tons in 2026, representing a year-on-year increase of 36% [4] - The company is investing in a new project to build a 70,000 tons/year high-density lithium iron phosphate production facility, which will enhance its production capacity and overall profitability [4]