Summary of Key Points Core Viewpoint The announcement details the achievement of the first exercise period conditions for the 2024 stock appreciation rights incentive plan of Shanghai Xinyang Semiconductor Materials Co., Ltd, allowing eligible participants to exercise their rights. Group 1: Incentive Plan Overview - The stock appreciation rights are based on virtual shares, with cash payments made based on the difference between the exercise price and the payout price [2][4] - A total of 257,800 stock appreciation rights are to be granted, representing approximately 0.08% of the company's total share capital of 3,133.81402 million shares [2][3] - The plan has a maximum validity period of 48 months from the grant date [4] Group 2: Exercise Conditions and Performance Targets - The exercise price for the stock appreciation rights is set at 16.88 yuan per share, adjusted from the original 17.34 yuan due to equity distribution [12][7] - The performance targets for the company are set as follows: - 2024 revenue must not be less than 1.5 billion yuan - 2025 revenue must not be less than 1.6 billion yuan - 2026 revenue must not be less than 1.7 billion yuan [7][8] - The exercise ratio is contingent on the achievement of these performance targets, with a maximum of 100% if targets are met [8][15] Group 3: Approval and Compliance - The plan has undergone necessary approvals, including verification by the supervisory board and legal opinions confirming compliance with relevant laws and regulations [17][19] - The supervisory board has confirmed that the six eligible participants meet the conditions for exercising their rights [17][19] - The company has disclosed all relevant information and has not received any objections during the public notice period [9][10]

本激励计划有效期自股票增值权授予登记完成之日至激励对象获授的股票增值权全部行权或注销之日 止，最长不超过48个月。 本计划授予的激励对象为公司车辆事业集团核心管理人员及骨干，以及公司外籍核心管理人员及骨干、 劳动关系在海外子公司的中国籍核心管理人员及骨干，不包括公司董事、高级管理人员及单独或合计持 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，本激励计划的激励对象为501人。 格隆汇8月19日丨大洋电机(002249.SZ)公布2025年股票增值权激励计划(草案)，本激励计划拟向激励对 象授予的股票增值权数量为880万份。本次授予为一次性授予，无预留权益。激励计划授予的股票增值 权的行权价格为6.12元/份。 ...

Group 1 - The company held its 17th meeting of the second supervisory board on June 12, 2025, with all supervisors agreeing to waive the notification time limit for the meeting [1] - The supervisory board unanimously approved the proposal for the initial grant of restricted stock under the 2025 Restricted Stock Incentive Plan, with the grant date set for June 12, 2025, and the grant price at 25.44 yuan per share [2][3] - The supervisory board also approved the proposal to grant stock appreciation rights to 31 eligible incentive objects under the 2025 Stock Appreciation Rights Incentive Plan, with a total of 251,900 stock appreciation rights granted at an exercise price of 25.44 yuan per right [3] Group 2 - The supervisory board confirmed that the incentive objects meet the qualifications stipulated in relevant laws, regulations, and the company's articles of association, ensuring the legality and validity of the incentive plan [2][3] - The decisions made during the meeting were in accordance with the company's 2025 incentive plans approved by the shareholders' meeting [2][3]