Flash | 08 May 2025 12:20:00 ET │ 12 pages GoerTek (002241.SZ) New ESOP Announced; Restated Same KPI For 2025/26 CITI'S TAKE GoerTek released 2025 ESOP (Draft) on 8th May. We noted that: (1) the 2025/2026 financial performance target is the same with the 2023 ESOP. (2) 2025 revenue target is 41%/35% higher than CitiE/VAe, and NP target is 26%/22% below CitiE/VAe. (3) 2026 revenue target is 59%/46% higher than CitiE/VAe, and NP target is 26%/17% below CitiE/VAe. (4) The exercise price is set to be Rmb22.10, ...

Core Insights - Syntiant Corp. CEO Kurt Busch has been awarded the 2025 Silver Stevie® Award for "Technology Executive of the Year" in the 23rd Annual American Business Awards® [1][2][3] - The award recognizes Busch's leadership in driving innovation and growth, particularly through the $150 million acquisition of Knowles Corporation's Consumer MEMS Microphones business [3] Company Overview - Syntiant, founded in 2017 and headquartered in Irvine, California, specializes in low-power edge AI solutions, delivering efficient processors, sensors, and software [5] - The company has deployed over 100 million purpose-built silicon and machine learning models, along with billions of MEMS microphones and sensors, powering various edge AI applications [5] Industry Context - The American Business Awards received over 3,600 nominations this year, showcasing resilience and innovation across organizations of all sizes and industries [2][4] - The Stevie Awards program recognizes outstanding performances in the workplace globally, with more than 12,000 entries annually from over 70 nations [4]