Glodon unveils 2025 stock option plan for key personnel

Glodon (SZSE:002410) has announced its 2025 Stock Option Incentive Plan, granting 26.44 million options, representing 1.60% of the company's total share capital, to 485 key personnel including directors, senior management, and core technical staff. The options have an exercise price of ¥10.73 per share and vest over a three-year period. Performance targets for 2025 include a net profit of ¥563 million, and for 2026, a 30% net profit growth over 2025, or cumulative net profits of ¥12.95 billion for 2025 and 2026 combined. The plan aims to align the interests of shareholders, the company, and key employees and ensure long-term growth. The plan is subject to shareholder approval and regulatory filings.