证券简称：超图软件 证券代码：300036 北京超图软件股份有限公司 （草案）摘要 北京超图软件股份有限公司 二○二五年八月 超图软件 2025 年股票期权激励计划（草案）摘要 声明 本公司及全体董事保证本激励计划及其摘要不存在虚假记载、误导性陈述或 者重大遗漏，并对其真实性、准确性、完整性承担个别和连带的法律责任。 本公司所有激励对象承诺，若公司因信息披露文件中有虚假记载、误导性陈 述或者重大遗漏，导致不符合授予权益或行使权益安排的，激励对象应当自相关 信息披露文件被确认存在虚假记载、误导性陈述或者重大遗漏后，将由股权激励 计划所获得的全部利益返还公司。 超图软件 2025 年股票期权激励计划（草案）摘要 《上市公司股权激励管理办法》 《深圳证券交易所创业板上市公司自律监管指南第 （以下简称"本公司"、"公司"或"超图软件"）《公司章程》制订。 定向发行本公司 A 股普通股。 划时在公司（含合并报表范围内的各级子公司）任职的董事、高级管理人员、核 心管理人员及核心技术（业务）人员。不含独立董事、监事、单独或合计持有公 司 5%以上股份的股东或实际控制人及其配偶、父母、子女以及外籍员工。 预留授予的激励对象参 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected investment return exceeding the market benchmark by more than 15% over the next 6-12 months [4]. Core Insights - The company has introduced a positive stock incentive plan, which is expected to drive future performance growth. The plan's assessment period spans from 2025 to 2027, with revenue and net profit targets set to grow by at least 25%, 56.25%, and 95.31% respectively over the three years, based on 2024 figures [1][2]. - The revenue and net profit trigger values are also set, with growth rates of at least 20%, 45%, and 76.25% required to achieve an 80% vesting ratio [1]. - The stock incentive plan aims to enhance the motivation and creativity of talented personnel, thereby improving the core team's cohesion and the company's competitive edge [2]. Summary by Sections Revenue and Profit Forecast - The company is projected to achieve revenues of 1,173 million, 1,437 million, and 1,725 million for the years 2025, 2026, and 2027 respectively, reflecting growth rates of 24.76%, 22.47%, and 20.11% [3][8]. - The net profit forecast for the same years is 117 million, 143 million, and 174 million, with growth rates of 41.23%, 22.89%, and 21.66% [3][8]. Valuation Metrics - The current price-to-earnings (P/E) ratios for 2025, 2026, and 2027 are projected to be 76, 62, and 51 respectively, indicating a potential for valuation improvement as performance enhances [2][11]. - The company is recognized as a leader in the domestic sensor market, particularly in the context of replacing imported components in automotive applications [2]. Financial Performance Indicators - The report outlines a projected gross margin of 32.2% for 2025, with a return on equity (ROE) expected to reach 9.03% [10]. - The company's total assets are expected to grow from 2,100 million in 2023 to 3,060 million by 2027, while total liabilities are projected to increase from 952 million to 1,540 million over the same period [9].

上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于苏州昀冢电子科技股份有限公司 第二个归属期归属条件未成就 及相关限制性股票作废事项的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于苏州昀冢电子科技股份有限公司 第二个归属期归属条件未成就及相关限制性股票作废事项的 法律意见书 致：苏州昀冢电子科技股份有限公司 第一部分 引言 上海市锦天城律师事务所（以下简称"本所"）受苏州昀冢电子科技股份有限 公司（以下简称"昀冢科技"或"公司"）的委托，就公司 2022 年第二期限制性股票 激励计划第二个归属期归属条件未成就及相关限制性股票作废的有关事宜，根据 《中华人民共和国公司法》（以下简称"《公司法》"）《中华人民共和国证券法》 （以下简称" 《证券法》" ） （以下简称"《管理办法》"） 《上市公司股权激励管理办法》 《《科创板上市公司自律监管指南第 4 号——股权激励信息披露》及其他适用法 律、法规、规范性文件（以 ...

Core Viewpoint - The legal opinion letter from Haiwen & Partners confirms that Guotai Junan Securities Co., Ltd. has obtained the necessary approvals and authorizations for the repurchase and cancellation of certain A-share restricted stocks under its equity incentive plan, in compliance with relevant regulations [6][10]. Group 1: Approval and Authorization - The company has obtained necessary approvals for the repurchase and cancellation of restricted stocks as per the "Proposal on the Repurchase and Cancellation of Certain A-share Restricted Stocks" [6]. - The legal opinion is based on the due diligence conducted by the law firm, which included reviewing relevant documents and discussions with company personnel [3][4]. Group 2: Repurchase Details - The repurchase is due to various reasons, including termination of labor contracts and performance assessment results, leading to a total of 611,524 shares being repurchased from 10 individuals [6][7]. - The repurchase price will be adjusted based on the original grant price and any dividends distributed, with specific adjustments made for past cash dividends [9]. Group 3: Compliance with Regulations - The reasons for the repurchase, the number of shares, and the repurchase price are all in accordance with the company's equity incentive plan and do not violate the relevant management regulations [10].

温州源飞宠物玩具制品股份有限公司 一、激励对象名单及授出权益分配情况 温州源飞宠物玩具制品股份有限公司（以下简称"公司"）2025 年限制性股 票激励计划（以下简称"本激励计划"）首次授出权益在各激励对象间的分配情况 如下表所示： | 获授的限制性 | | | | | | | --- | --- | --- | --- | --- | --- | | 占授予限制性股 | | | | 占目前股本总额 | | | 姓名 | 国籍 | 职务 股票数量 | | | | | 票总数的比例 | | | | 的比例 | | | （万股） | | | | | | | 刘清 | 中国 | 副总经理 | 8.0000 | 3.19% | 0.04% | | 张璇 | 中国 | 董事会秘书 | 20.0000 | 7.97% | 0.10% | | 中层管理人员、核心技术（业务）骨干 | | | | | | | （51 | 人） | | | | | | 50.0000 | 预留权益 | | 19.92% | | 0.26% | | 合计 250.9540 | | | 100.00% | 1.31% | | | 注：1、本激励计划中 ...

重要内容提示 ? 限制性股票预留授予日：2025 年 8 月 12 日 股票代码：600231 转债代码：110070 股票简称：凌钢股份 转债简称：凌钢转债 编 号：临 2025-058 凌源钢铁股份有限公司 关于向激励对象授予预留部分限制性股票的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 ? 限制性股票预留授予数量：531 万股 ? 限制性股票预留授予价格：1.00 元/股 根据《上市公司股权激励管理办法》 （以下简称" 《管理办法》"）、 《凌源钢铁 股份有限公司 2024 年限制性股票激励计划（草案）》 （以下简称" 《激励计划（草 案）》"）的相关规定，凌源钢铁股份有限公司（以下简称"公司"）2024 年限制 性股票激励计划（以下简称"本次激励计划"）规定的限制性股票预留授予条件 已成就，根据公司 2024 年第三次临时股东会的授权，公司于 2025 年 8 月 12 日 召开第九届董事会第二十八次会议，审议通过了《关于向激励对象授予预留部分 限制性股票的议案》，董事会同意并确定本次激励计划限制性股票的预留 ...

深化国有控股上市公司改革，要锁定重点、破除难点，推动国有控股上市公司做深入实施国企改革 三年行动、依法依规规范运作和推动资本市场健康稳定发展的表率。 这是《经济参考报》记者从国务院国资委18日举行的专题推进会上了解到的信息。按照部署，下一 步将继续加大优质资产注入上市公司力度，稳妥探索符合条件的多板块上市公司分拆上市，鼓励央企和 地方国企交叉持股，加大力度依规有序推进上市公司股权激励。 加大优质资产注入力度 对5家上市公司实施资产重组，累计推动评估值逾150亿元的优质资产注入上市公司……2020年以 来，中国电子科技集团有限公司（下称"中国电科"）打出了上市公司高质量发展组合拳。 中国电科党组副书记、董事李守武用一组数据展现成效：2021年，所属15家上市公司营业收入、利 润总额、净资产分别同比增长20%、22%和16%，占集团公司比重达到35%、72%和37%。截至2022年4 月15日，15家上市公司总市值5276亿元，较2020年年初增长26%。 深化国有控股上市公司改革，重在做强做精主责主业，实现板块归属清晰。2020年以来，国资系统 共有38户企业在主板上市，51户企业在创业板、科创板、北交所上市， ...

Investment Rating - The report maintains a "Strong Buy" rating for the company [2] Core Insights - The company has announced a second stock incentive plan, aiming to grant up to 556,000 restricted shares to 9 core management personnel, representing approximately 0.139% of the total share capital, to further strengthen the core team [5][6] - The company's revenue and net profit forecasts for 2025-2027 have been adjusted to 790 million, 1 billion, and 1.26 billion respectively, with corresponding EPS predictions of 1.98, 2.51, and 3.16, leading to a PE ratio of 37.5x in 2026 [5][6] - The company is expected to achieve revenue growth rates of no less than 25%, 53%, and 84% for 2025-2027, and net profit growth rates of no less than 16%, 32%, and 45% during the same period [5][6] Financial Data Summary - Total revenue for 2023 is projected at 4.327 billion, with a year-on-year growth of 27%, and is expected to reach 6.694 billion by 2025, reflecting a growth rate of 28% [6][9] - The company's net profit for 2023 is estimated at 429 million, with a growth of 61%, and is projected to grow to 794 million by 2025, maintaining a growth rate of 27% [6][9] - The company's return on equity (ROE) is forecasted to increase from 15.8% in 2023 to 20.9% by 2027 [9]

Group 1 - A total of 41 A-share listed companies have announced the termination of their equity incentive plans as of September 13, primarily due to unmet performance targets, changes in internal and external environments, and significant stock price fluctuations [1][2] - Among the terminated plans, 5 were not approved by the shareholders' meeting, with low grant prices and performance assessment indicators being key reasons for disapproval [1][2] - Despite the terminations, many companies are still planning subsequent incentive schemes, indicating that the enthusiasm for equity incentives remains high [1][3] Group 2 - The main reason for the voluntary termination of equity incentive plans by 36 companies is unmet performance targets, with specific examples including Liujin Technology and Huicheng Technology [2] - Some companies, such as Lianhuan Pharmaceutical, terminated their plans due to changes in the external environment that made previously set targets unrealistic [2] - Companies like Aikang Technology decided to terminate their plans due to significant stock price declines, with a reported drop of nearly 45% from the average price before the announcement [2][3] Group 3 - As of September 13, 481 listed companies have announced equity incentive proposals this year, with 382 already implemented and 35 approved by shareholders [3] - The effectiveness of equity incentives is linked to their alignment with the company's and industry's actual conditions, emphasizing the need for realistic performance targets [3] - Equity incentives can serve as a "touchstone" for a company's development, with successful execution indicating greater trustworthiness in the company's growth [3]

Core Viewpoint - Zhejiang Tianzheng Electric Co., Ltd. announced the repurchase and cancellation of 1,867,750 restricted stocks due to unmet performance targets for the fiscal year 2024 and the disqualification of three departing incentive recipients [1][3]. Summary by Sections Announcement of Stock Repurchase - The company’s board approved the repurchase of restricted stocks at a meeting held on June 16, 2025, based on the failure to meet performance targets and the disqualification of certain incentive recipients [1][3]. Details of Stock Repurchase - The repurchase involves 109 individuals and a total of 1,867,750 restricted stocks. After this repurchase, there will be 2,317,000 restricted stocks remaining [3][5]. - The repurchase price for the stocks related to the departing employees is set at 2.466 yuan per share, while the stocks related to unmet performance targets will be repurchased at 2.466 yuan plus the interest from the People's Bank of China [3]. Legal Compliance and Procedures - The company has followed legal procedures for notifying creditors regarding the stock repurchase and has not received any claims for debt repayment or guarantees during the 45-day public notice period [2]. - A legal opinion from Beijing Deheng (Hangzhou) Law Firm confirms that the repurchase complies with relevant laws and regulations, and the necessary approvals have been obtained [5][6].