Huaxin Cement proposes new share incentive plan, dividend

Huaxin Cement Co., Ltd. is holding its fourth extraordinary general meeting in 2025 to approve a 2025 A-share restricted stock incentive plan. The plan targets up to 11 executive and senior management personnel. It involves 2.6556 million restricted A-shares, representing 0.1277% of the total share capital, with a grant price of 8.97 yuan per share. The incentive plan has a validity period of up to 60 months from the registration date of the restricted shares.

The company also proposes a cash dividend of 0.34 yuan per share (including tax) for the first three quarters of 2025, totaling 706,021,373 yuan. This distribution represents 35.23% of the consolidated net profit attributable to parent company shareholders for the period. The dividend calculation excludes shares held in the company's buyback-specific securities account.

The performance targets for the restricted stock plan, assessed at the end of fiscal year 2027, include a 60th percentile threshold for relative total shareholder return and a 3% compound annual growth rate in earnings per share. These targets aim to link shareholder and company interests with core team performance.