Desay SV Automotive announces stock option plan and guarantee increase

Huizhou Desay SV Automotive (SZSE:002920) has announced its 2025 stock option incentive plan, aiming to bolster its corporate governance structure and align the interests of its core management and technical personnel. The plan intends to grant a total of 2.858 million stock options, representing 0.52% of the company's total share capital, with an exercise price of CNY86.09 per share. These options vest in two phases, contingent upon the company meeting specific financial performance goals for 2025 and 2027.