On June 24th, Geelong released a draft of the 2024 Restricted Stock Incentive Plan of Shanghai DragonNet Technology (SND, stock code: 300245.SZ), which plans to grant a total of 22.80 million restricted stocks to incentive recipients. Among them: the number of restricted stocks granted using repurchased shares is 840.7524 million shares, which are the shares repurchased by the company according to the proposal of the fourth interim meeting of the fifth board of directors; the restricted stock granted to incentive recipients through a directed issue of A-shares is 1,439.2476 million shares, accounting for approximately 7.27% of the total share capital of the company at the time of the announcement of this plan. This grant is a one-time grant without any reserved rights.
The grant price of the restricted stocks granted to incentive recipients in this plan is RMB2.61/share.
The number of incentive recipients granted restricted stocks in this plan shall not exceed 70, including directors, senior executives, and core technology (business) personnel who hold positions in the company (including various levels of subsidiary companies within the scope of the company's consolidated financial statements) at the time of the announcement of this plan.
The validity period of the restricted stocks granted in this incentive plan shall be from the date of grant to the date when all restricted stocks granted to incentive recipients are either acquired or become void, which shall not exceed 36 months.