According to the Zhitong Finance App, Wanchen Group (300972.SZ) disclosed the 2024 Restricted Stock Incentive Plan (draft). The number of restricted shares to be awarded by the company's incentive plan is 11.329 million shares, accounting for 6.57% of the company's total share capital of 172.3932 million shares on the day the draft incentive plan was announced. Among them, the number of restricted shares granted for the first time was 10.129 million shares, and the number of restricted shares reserved was 1.2 million shares, and the grant price was 15.17 yuan/share.
A total of 58 incentive recipients were granted for the first time under this incentive plan. The maximum period of validity of this incentive plan is no more than 48 months from the date of initial grant of restricted shares to the date when all restricted shares granted to the incentive target are vested or annulled. Restricted shares granted for the first time under this incentive plan are vested in three installments after 12 months from the date of grant. The ownership ratios for each instalment are 40%, 40%, and 20%, respectively.