Core Points - Henggong Precision (301261.SZ) has launched a new stock incentive plan, proposing a total of 398,700 restricted shares, accounting for 0.46% of the company's total share capital as of the announcement date [1][2] - The plan includes an initial grant of 358,800 shares, representing 90% of the total restricted shares, with a reserved portion of 39,900 shares, accounting for 10% [1][2] - The grant price for the restricted shares is set at 46.07 yuan per share, approximately 47.14% of the closing price on the announcement date [2][3] Incentive Plan Details - The incentive plan targets up to 127 core technical and business personnel, with 123 from the parent company and 4 from Henggong Technology [1][2] - The plan's validity extends up to 48 months from the initial grant date, with performance assessments conducted annually from 2025 to 2027 [2][3] - Different performance targets are set for employees in the parent company and those in Henggong Technology, with specific growth rates required for net profit [3][5] Financial Impact - The total estimated expense for the initial grant of 358,800 restricted shares is projected to be 17.96 million yuan, with annual amortization costs distributed over four years [6][7] - For the first half of 2025, Henggong Precision reported revenue of 527 million yuan, a year-on-year increase of 2.71%, while net profit attributable to shareholders decreased by 2.73% to 66.03 million yuan [8][9] - As of September 26, 2025, the company's market capitalization stood at 8.394 billion yuan, with a closing price of 95.50 yuan per share [8]