Invt Electric completes initial grant registration for 2025 stock options

Shenzhen Invt Electric Co., Ltd. announced the completion of the initial grant registration for stock options under its 2025 Restricted Stock and Stock Option Incentive Plan. The registration, completed on November 13, 2025, involved 8.79 million stock options granted to 213 beneficiaries at an exercise price of 7.68 yuan per share. The initial grant represents 1.08% of the company's total share capital of 813.8006 million shares as per the incentive plan's announcement.

The company's board adjusted the initial grant, reducing the number of stock options from 9.214 million to 8.79 million due to certain beneficiaries voluntarily forfeiting their entitlements. Key executives such as Tian Huachen, director, president, and CFO, received 3.20 million options (3.36% of the total granted), while other directors and management received varying allocations. The options have a maximum validity of 60 months from the grant date of September 30, 2025, with vesting periods of 12, 24, and 36 months.

The incentive plan's performance targets include 15% revenue growth and 10% net profit growth for 2025, escalating to 50% revenue growth and 60% net profit growth by 2027, using 2024 as the base year. The company estimates the total cost of the stock options to be 2,203.32 million yuan, to be amortized over four years, with 307.26 million yuan in 2025 and 1,084.85 million yuan in 2026. This plan is expected to enhance employee cohesion and drive improved operating results.