Desay SV announces incentive plan, boosts subsidiary guarantee

Huizhou Desay SV Automotive (SZSE:002920) has announced a comprehensive 2025 stock option incentive plan aimed at aligning the interests of its core management, technical, and business personnel with the company’s long-term growth. The plan grants 2.858 million options, representing 0.52% of the company’s total share capital, to 300 eligible employees. The exercise price is set at CNY86.09 per share. Vesting will occur in two tranches after 12 and 31 months, contingent on both company-level performance metrics, including revenue and profit growth, and individual performance evaluations.