Ming Yang smart energy boosts returns with cash management, equity incentives

Ming Yang Smart Energy Group recently announced the utilization of RMB 400,000,000.00 in idle raised funds to purchase a principal-protected structured deposit from China Construction Bank, with an expected annualized return ranging from 0.65% to 2.0% over 27 days. This move aligns with the company's resolution to manage idle funds up to a maximum daily balance of RMB 500,000,000.00, aimed at enhancing capital efficiency and shareholder returns. The company had previously redeemed several similar products, with principal and interest totaling RMB 50,000,000.00 and RMB 61.04 respectively for one such redemption.

In a separate development, Ming Yang Smart Energy Group completed the registration of its 2025 stock option incentive plan on December 1, 2025. The plan grants 19,950,000 options to 259 employees, adjusted from an initial 20,000,000 options due to one participant waiving their entitlement. The exercise price for these options is RMB 14.03 per share, with two vesting periods, each accounting for 50% of the granted options.

The stock option plan, approved by the board and shareholders, aims to further incentivize management and key personnel, aligning their interests with the company's long-term growth and overall value enhancement. The cost of this incentive plan will be amortized over its validity period, impacting annual net profit.