Supor launches third performance incentive fund, updates equity plans

Zhejiang Supor Co., Ltd. is launching its Third Performance Incentive Fund Management Measures, effective from the 2025 fiscal year for 48 months. This fund will reward middle and high-level management, core technical staff, and other key employees based on achieving a 26% return on net assets, with an extraction limit of 3% of net profit. The fund aims to align employee and shareholder interests and boost company performance.

Concurrently, the company provided updates on its 2021 and 2022 Restricted Stock Incentive Plans, including the unlocking of 548,250 and 29,625 shares, respectively. Additionally, 178,674 restricted shares from the 2022 plan were repurchased and canceled due to unmet performance targets, at a price of RMB 1 per share. The 2023 and 2024 Stock Option Incentive Plans also saw adjustments, including the cancellation of 64,500 stock options from resigned employees.

The company's performance for the first half of 2025 shows operating income of RMB 11,477,500,800.41, a 4.68% increase year-on-year, and net profit attributable to shareholders of RMB 939,913,794.13. The new incentive fund, along with existing incentive plans, aims to further drive sustainable growth and enhance the company's competitiveness.