Invt Electric adjusts 2025 stock incentive plan, reduces participants

Shenzhen Invt Electric approved adjustments to its 2025 restricted stock and stock option incentive plan on September 30, 2025. The initial plan will now see the number of incentive recipients for stock options reduced from 238 to 224, with 56,000 stock options voluntarily relinquished and canceled.

The total restricted stock amount remains unchanged at 10,000,000 shares, with 9,060,000 shares granted initially and 940,000 shares reserved. The total stock option amount has been adjusted to 9,944,000 units, comprising 9,214,000 units for initial grants and 730,000 units reserved.

The grant conditions for restricted stock and stock options have been met, with September 30, 2025, designated as the grant date. The restricted stock will be priced at 4.80 yuan per share, and stock options will have an exercise price of 7.68 yuan per unit. These adjustments are not expected to materially impact the company's financial performance.