TailingMicro (688591.SH) plans to launch the 2024 Restricted Stock and Stock Value-added Rights Incentive Plan

Zhitongcaijing · 11/26 12:57

Zhitong Finance App News, Tailingwei (688591.SH) released the 2024 Restricted Stock and Stock Value-added Incentive Plan (draft). This incentive plan includes two parts: the Restricted Stock Incentive Plan (Class II Restricted Stocks) and the Stock Value-Added Rights Incentive Plan. The two plans are independent of each other. This incentive plan aims to grant 4.39 million restricted shares to incentive recipients, accounting for approximately 1.83% of the company's total share capital when the draft incentive plan was announced. At the same time, it is proposed to grant 410,000 share value-added rights to incentive recipients, accounting for about 0.17% of the company's total share capital when the draft incentive plan was announced. The grant arrangement for value-added rights under this incentive plan is a one-time grant with no reserved benefits.

The grant price for restricted shares granted for the first time under this incentive plan is 13.92 yuan/share. The exercise price for stock value-added rights is the same as the grant price for restricted shares, which is 13.92 yuan/share.