Gelonghui, Feb. 26 | Weitang Industrial (300707.SZ) announced the 2024 Restricted Stock Incentive Plan (draft). The number of restricted shares to be awarded under this incentive plan is 16.65 million shares, accounting for about 0.94% of the company's total share capital of 176.975,52 million shares on the day the draft incentive plan was announced.
Among them, 1,435 million restricted shares were granted for the first time, accounting for 0.81% of the company's total share capital when the draft incentive plan was announced, accounting for 86.19% of the total equity to be granted under the incentive plan; 230,000 restricted shares were reserved, accounting for 0.13% of the company's total share capital at the time the draft incentive plan was announced, accounting for 13.81% of the total equity to be granted under this incentive plan. The reserved portion does not exceed 20% of the total benefits to be granted by this incentive plan.
The grant price for restricted shares granted to the incentive target for the first time in this incentive plan is 6.79 yuan/share.
A total of 48 people were awarded incentives for the first time in connection with this incentive plan, including directors, senior managers, and other personnel who were working in the company (including subsidiaries) when the company announced this incentive plan.
This incentive plan is valid for a maximum period of no more than 48 months from the date the restricted shares are granted to the incentive target until all restricted shares granted by the incentive target are lifted or repurchased and cancelled.