On December 11, Gu Longhui reported that Mingyang Electric (301291.SZ) announced the draft of the 2024 Stock Options Incentive Plan, which intends to grant 6.99 million stock options to the incentive recipients, accounting for 2.24% of the company's total equity of 312.2 million shares at the time of the plan announcement. Upon meeting the exercise conditions, each stock option granted to the incentive recipients will have the right to purchase one share of company stock at the exercise price during its exercise period. This grant is a one-time grant with no reserved rights.
The exercise price of the stock options granted in this incentive plan is 42.88 yuan per option.
The total number of recipients granted in this incentive plan is 126, including core personnel employed by the company (including branches and holding subsidiaries, hereinafter the same) at the time of the announcement of this incentive plan.
The validity period of this incentive plan is from the date of grant of the stock options to the date when all the granted stock options of the incentive recipients are exercised or canceled, not exceeding 48 months.
