Core Viewpoint - The Supervisory Board of Shenzhen SanTai E-commerce Co., Ltd. has verified and approved the list of incentive recipients for the 2025 Restricted Stock Incentive Plan, confirming compliance with relevant laws and regulations [1][2][4]. Summary by Sections Incentive Plan Overview - The 2025 Restricted Stock Incentive Plan (Draft) has been reviewed by the Supervisory Board, which found that the recipients meet the conditions set forth in the Company Law and the Management Measures [2][4]. - The incentive recipients include directors, core technical (business) personnel, and other employees deemed worthy of incentives by the Board, excluding independent directors, supervisors, and shareholders holding more than 5% of the company's shares [2][4]. Compliance and Conditions - The recipients do not fall under any disqualifying conditions as outlined in the relevant regulations, such as being deemed inappropriate candidates by the stock exchange or the China Securities Regulatory Commission (CSRC) within the last 12 months [4]. - The Supervisory Board has agreed to set September 2, 2025, as the grant date, with a grant price of 4.67 yuan per share for the restricted stock [4].

股票简称：华新精科 股票代码：603370 江阴华新精密科技股份有限公司 （Jiangyin Huaxin Precision Technology Corporation） （江阴市顾山镇新龚村云顾路 137 号） 首次公开发行股票主板上市公告书 保荐人（主承销商） （深圳市前海深港合作区南山街道桂湾五路128号前海深港基金小镇B7栋401） 二〇二五年九月四日 江阴华新精密科技股份有限公司 上市公告书 特别提示 江阴华新精密科技股份有限公司（以下简称"华新精科"、"本公司"、"发 行人"或"公司"）股票将于 2025 年 9 月 5 日在上海证券交易所主板上市。 本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在新 股上市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 本上市公告书中若出现总数与各分项数值之和尾数不等的情况，均为四舍五 入尾差所致。 江阴华新精密科技股份有限公司 上市公告书 第一节 重要声明与提示 一、重要声明与提示 本公司及全体董事、高级管理人员保证上市公告书所披露信息的真实、准确、 完整，承诺上市公告书不存在虚假记载、误导性陈述或者重大遗漏，并依法承担 法律责任。 上 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [7] Core Views - The company has disclosed a stock incentive and partnership shareholding plan covering 62 key personnel, with a total of 370,700 restricted shares to be granted, accounting for approximately 0.1431% of the total share capital, at a grant price of 107.03 CNY per share [2][4] - The partnership shareholding plan will cover up to 53 individuals, including some directors and senior management, with a maximum of 366,300 shares, also at a repurchase price of 107.03 CNY per share [2][4] - The incentive plans are set for four years with relatively moderate targets, aiming for revenue growth rates of no less than 10%/14%/18%/22% for the years 2025 to 2028, based on 2024 revenue [10] - The company is expected to maintain high revenue growth due to an aggressive competitive strategy, with projected revenue growth rates of +66.54%/+86.22%/+73.78% for Q4 2024 and Q1/Q2 2025 [10] - The company is positioned as a leading player in the cleaning appliance sector, with strong brand recognition and potential for significant market share growth [10] Summary by Sections Company Overview - The company is engaged in the cleaning appliance industry and has a strong focus on technological innovation and product upgrades [10] Financial Projections - The projected net profits for the company from 2025 to 2027 are 2.047 billion, 2.887 billion, and 3.424 billion CNY, respectively, with corresponding P/E ratios of 26.31, 18.66, and 15.73 [10][15]

Core Viewpoint - The company is set to implement a stock option incentive plan for 2025, which aims to enhance employee motivation and align their interests with those of shareholders [1][2][3] Group 1: Compliance and Eligibility - The company confirms that there are no legal prohibitions against implementing the stock option incentive plan as per relevant laws and regulations [1] - The selected incentive recipients meet the eligibility criteria outlined in the management regulations, ensuring their qualifications are legitimate and valid [1][2] Group 2: Process and Transparency - Prior to the shareholders' meeting, the company will publicly disclose the names and positions of the incentive recipients for a minimum of 10 days, allowing for public feedback [2] - The development and review process of the incentive plan complies with the relevant legal frameworks, ensuring that the terms of stock option grants do not infringe on the interests of the company or its shareholders [2] Group 3: Benefits of the Incentive Plan - The implementation of the incentive plan is expected to establish a long-term motivation and restraint mechanism, enhancing company cohesion and attracting talent [2] - The plan aims to effectively align the interests of shareholders, company growth, and the core team's personal interests, contributing to the company's sustainable development [2][3]

Core Viewpoint - The company has conducted a review of the list of incentive recipients for the 2025 restricted stock incentive plan, confirming that all recipients meet the necessary legal and regulatory requirements for participation in the plan [1][2]. Group 1: Compliance with Regulations - The incentive recipients are all personnel identified in the incentive plan approved by the company's second extraordinary general meeting in 2025, and none of them fall under the disqualifying conditions outlined in the relevant regulations [1]. - The company confirms that it does not face any prohibitions on implementing the stock incentive plan as per the applicable laws and regulations, and it possesses the qualifications to execute the incentive plan [2]. Group 2: Details of the Incentive Plan - The board's remuneration and assessment committee has agreed to set September 3, 2025, as the grant date for the first issuance of restricted stock, totaling 1,303,180 shares to 12 incentive recipients [2].

Core Viewpoint - The legal opinion letter confirms that Beijing Zhongke Jincai Technology Co., Ltd.'s 2025 Restricted Stock Incentive Plan has obtained the necessary approvals and complies with relevant laws and regulations [8][10][11]. Group 1: Approval and Authorization of the Incentive Plan - On August 4, 2025, the second meeting of the Compensation and Assessment Committee approved the draft of the 2025 Restricted Stock Incentive Plan [8]. - On August 7, 2025, the third meeting of the seventh board of directors approved the draft of the 2025 Restricted Stock Incentive Plan and related matters [9]. - On August 25, 2025, the second extraordinary general meeting of shareholders approved the relevant matters of the 2025 Restricted Stock Incentive Plan [10]. Group 2: Granting Details of the Incentive Plan - The grant date for the incentive plan is set as September 3, 2025, which is within 60 days of the shareholders' approval [10][11]. - The board agreed to grant 1,303,180 shares of restricted stock to 12 eligible incentive objects at a price of 14.60 RMB per share [11]. Group 3: Conditions for Granting the Incentive Plan - The company and the incentive objects meet the conditions for granting restricted stock as stipulated in the relevant regulations [12][13]. - There are no disqualifying conditions such as negative audit opinions or regulatory penalties that would prevent the granting of restricted stock [12][15]. Group 4: Conclusion - The legal opinion concludes that the granting of the incentive plan has met all necessary approvals and complies with the Company Law, Securities Law, and relevant management regulations [11][14].

股票简称：华新精科 股票代码：603370 江阴华新精密科技股份有限公司 （Jiangyin Huaxin Precision Technology Corporation） （江阴市顾山镇新龚村云顾路 137 号） 首次公开发行股票主板上市公告书 保荐人（主承销商） （深圳市前海深港合作区南山街道桂湾五路128号前海深港基金小镇B7栋401） 二〇二五年九月四日 江阴华新精密科技股份有限公司 上市公告书 特别提示 江阴华新精密科技股份有限公司（以下简称"华新精科"、"本公司"、"发 行人"或"公司"）股票将于 2025 年 9 月 5 日在上海证券交易所主板上市。 本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在新 股上市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 本上市公告书中若出现总数与各分项数值之和尾数不等的情况，均为四舍五 入尾差所致。 1 江阴华新精密科技股份有限公司 上市公告书 第一节 重要声明与提示 一、重要声明与提示 本公司及全体董事、高级管理人员保证上市公告书所披露信息的真实、准确、 完整，承诺上市公告书不存在虚假记载、误导性陈述或者重大遗漏，并依法承担 法律责任。 ...

证券代码：002657 证券简称：中科金财 公告编号：2025-045 北京中科金财科技股份有限公司 关于向 2025 年限制性股票激励计划激励对象首次授予限制 性股票的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 重要内容提示： 授予价格：14.60 元/股 根据《上市公司股权激励管理办法》 （以下简称" 《管理办法》 "）、 《北京 中科金财科技股份有限公司 2025 年限制性股票激励计划》（以下简称"《激励 计划》"、 "本激励计划"）的相关规定以及公司 2025 年第二次临时股东会授权， 北京中科金财科技股份有限公司（以下简称"公司"）董事会认为本激励计划 规定的授予条件已经成就，公司于 2025 年 9 月 3 日召开第七届董事会第四次 会议审议通过了《关于向 2025 年限制性股票激励计划激励对象首次授予限制 性股票的议案》，确定公司本激励计划的授予日为 2025 年 9 月 3 日。现将有关 事项说明如下： 授予日：2025 年 9 月 3 日 授予数量：1,303,180 股 其摘要的议案》，主要内容如下： （一）激励工具及股票来源：本 ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [6] Core Views - The company demonstrates steady profit growth, and the accelerated share buyback reflects confidence in its future [6] - The company reported a significant revenue increase of 19.99% year-on-year for the first half of 2025, with a net profit growth of 25.31% [8] - The company plans to use between 60 million to 120 million RMB for share repurchase, indicating strong confidence in its business development [8] Financial Performance Summary - Revenue for 2023 is projected at 1,381 million RMB, with a year-on-year growth rate of 1.95% [7] - Revenue is expected to grow to 1,599 million RMB in 2024, representing a 15.81% increase [7] - The net profit attributable to shareholders is forecasted to be 85 million RMB in 2023, with a growth rate of 15.01% [7] - The company’s gross margin for the first half of 2025 was 27.40%, up by 2.01 percentage points year-on-year [8] - The company’s total assets are projected to reach 3,606 million RMB by 2025 [9] Order and Contract Status - The company’s total orders on hand at the end of the reporting period amounted to 3,376 million RMB, a decrease of 9.80% year-on-year [8] - Contract liabilities were reported at 1,192 million RMB, down 14.80% year-on-year [8] Share Buyback and Confidence - The company has accelerated its share buyback process, having repurchased 6.6264 million shares, which is 2.15% of its total share capital [8] - This buyback is aimed at employee stock ownership plans or equity incentives, reflecting the company's confidence in future business growth [8] Earnings Forecast and Valuation - The forecasted net profit for 2025 is 1.09 billion RMB, with subsequent years showing continued growth [8] - The price-to-earnings ratio (P/E) is projected to decrease from 33X in 2025 to 24X in 2027 [8]

Core Viewpoint - Shenzhen Xinrui Technology Co., Ltd. has completed the cancellation of unexercised stock options and restricted stocks from its 2021 incentive plan, which were due to expire [1][2]. Group 1: Stock Options and Restricted Stocks - The company announced that 1,052,000 stock options from the third exercise period, which expired on August 16, 2025, remain unexercised [2]. - Additionally, 75,000 stock options from the second exercise period, which expired on July 11, 2025, also remain unexercised [2]. - In total, 1,127,000 stock options have been canceled as per the regulations of the "Management Measures for Equity Incentives of Listed Companies" [2]. Group 2: Confirmation and Impact - The cancellation of the stock options has been confirmed by the Shenzhen branch of China Securities Depository and Clearing Corporation Limited, and the process was completed on September 2, 2025 [2]. - This cancellation does not affect the company's share capital, and the capital structure remains unchanged [2].