Sungrow unveils 2025 stock incentive plan for employees

Sungrow Power Supply Co., Ltd. (SZSE:300274) has announced its 2025 Restricted Stock Incentive Plan, designed to motivate employees and align their interests with those of the company and its shareholders. The plan involves granting 11.35 million restricted shares, representing 0.55% of the company’s total share capital. Of these, 9.105 million shares are earmarked for initial grants to no more than 874 core employees, including executives, and the remaining 2.245 million shares will be reserved for future allocation. Eligible participants, excluding supervisors and independent directors, can acquire shares at a price of 35.27 RMB per share, subject to pre-defined vesting conditions linked to company performance targets for fiscal years 2025 through 2028, and individual performance. The framework is intended to promote long-term value creation and sustainability. China International Capital Corporation (CICC) serves as the independent financial advisor for this incentive plan. The plan remains subject to shareholder approval.