Core Viewpoint - The company has successfully transitioned its projects into stable production phases, indicating a positive outlook for its COC product line and overall business growth [3][4]. Group 1: Project Developments - The company announced that its "annual production of 10,000 tons of high-transparency materials" project has officially entered the production phase, with qualified COC products successfully produced [3]. - The COC project is set to enter trial production in September 2024, with batch stability issues previously encountered now resolved, allowing for stable scaling of production [4]. Group 2: Incentive Plan - The company has introduced a restricted stock incentive plan, granting 203,000 shares to 22 key personnel, with performance targets linked to the progress of core products and net profit [5]. - The performance assessment for the incentive plan includes sales volume targets for the years 2025 to 2027, with specific revenue goals set for 2025 and 2026 [6].

Core Viewpoint - The company has announced a restricted stock incentive plan aimed at motivating key personnel and aligning their interests with the company's performance, particularly in the COC/COP business segment [3][4]. Group 1: Incentive Plan Details - The company plans to grant 2.03 million restricted stocks to 22 key personnel, including directors and core technical staff, at a price of 22.17 yuan per share [3]. - The assessment period for the incentive plan is set from 2025 to 2027, focusing on the progress of core products such as cyclic olefin copolymer (COC) and high-heat-resistant resins, as well as net profit attributable to the parent company [4]. Group 2: Performance Targets - For 2025, the targets include achieving customer validation and mass sales in at least two out of three fields (HUD, pharmaceutical packaging, and lenses) for COC products, and commencing production and sales of high-heat-resistant resins at the Qianjiang base [4]. - The 2026 target is to exceed 1,000 tons in sales of COC products and complete the installation of main equipment for a 10,000-ton optical materials project by the end of the year [4]. - The 2027 target includes achieving over 3,000 tons in sales of COC products and a net profit of over 50 million yuan [4]. Group 3: Production Updates - The company has commenced trial production of its thousand-ton COC production line, which is currently undergoing batch stability testing [5]. - A 30,000-ton optical materials project is planned in Qianjiang, and the company has raised 215 million yuan for a 20,000-ton polyether amine project [6].