Rockchip AIoT strategy drives growth, announces stock option plan

Rockchip Electronics (SSE:603893) announced a surge in AIoT market demand, leading to increased efficiency and market share gains in targeted sectors like automotive electronics and robotics. The company's focus on specialized AIoT product lines is driving success in these areas, with particular strength in smart cockpits and industrial applications. In response to this growth, Rockchip has implemented a 2025 stock option plan. Approved by shareholders and the board, the plan grants 1.17 million stock options at an exercise price of CNY 137.67 per share to seven key employees, including executives and core technical staff. The options vest over three years, contingent on the company achieving annual revenue or net profit growth targets of 20% and the employees meeting individual performance goals. Rockchip anticipates recognizing CNY 1.69 million in share-based compensation expense over the plan's life, impacting net profit but expected to be offset by the positive effects of incentivizing employees. Legal and financial advisors have confirmed the plan's compliance with relevant regulations.