Snowman plans stock option incentives for key personnel

Fujian Snowman Group Co., Ltd. (SZSE:002639) announced its 2025 stock option incentive plan, targeting senior management, middle management, and core technical staff. The plan proposes granting 38.88 million stock options, representing 5.03% of the company's total share capital of 772.6022 million shares. Approximately 90.02% of these options (35 million) are for the initial grant, with the remaining 9.98% (3.88 million) reserved for future grants. The exercise price is set at 7.53 yuan per share. The plan aims to align shareholder and employee interests, with performance targets tied to company profitability for the fiscal years 2025-2027. The incentive plan is subject to shareholder approval.