Polyrocks plans to launch an incentive plan for no more than 6 million stock options

Zhitong
2025.03.31 12:24
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Polyrocks plans to launch a stock option incentive plan of no more than 6 million shares, accounting for approximately 4.95% of the company's total share capital. The initial grant will not exceed 4.8 million shares, with 1.2 million shares reserved, and the exercise price is set at 14.95 yuan per share. The incentive targets include 25 directors, executives, and core technical personnel, with a maximum validity period of 48 months

According to the Zhitong Finance APP, Polyrocks (688669.SH) has disclosed the draft of its 2025 stock option incentive plan. The company plans to grant no more than 6 million stock options to the incentive recipients, accounting for approximately 4.95% of the company's total share capital at the time of the announcement of this incentive plan draft. Among them, the initial grant will not exceed 4.8 million options, with a reserved grant of no more than 1.2 million options, and the exercise price is set at 14.95 yuan per option.

The total number of incentive recipients for the initial grant of this incentive plan is 25, accounting for approximately 1.15% of the total number of employees in the company as of December 31, 2024. This includes directors, senior management, core technical personnel, and other personnel deemed necessary for incentives by the board of directors who are employed by the company (including subsidiaries, the same below) at the time of the announcement of this incentive plan. The validity period of this incentive plan is from the date of stock option authorization until all stock options granted to the incentive recipients are exercised or canceled, with a maximum duration of no more than 48 months