Sino Wealth Electronic unveils 2025 restricted stock incentive plan

Sino Wealth Electronic has announced its 2025 restricted stock incentive plan, proposing to grant 1,912,435 restricted shares to 74 eligible employees, including directors, senior management, and core technical staff. These shares, sourced from the company's repurchased A-shares, represent 0.56% of the total share capital. The grant price is set at 14.06 yuan per share. The plan includes a graded vesting schedule over four years, with specific net profit growth targets tied to the 2025 baseline, ranging from 30% in 2026 to 120% in 2029 for full vesting, and 20% to 95% for partial vesting.

The incentive plan, which has a maximum validity of 72 months, aims to enhance long-term incentive mechanisms, attract and retain talent, and align the interests of shareholders and the core team. The company estimates total expenses for the plan at 1,618.50 million yuan, to be amortized from 2026 to 2030, with 723.24 million yuan in 2026.

The plan was approved at the extraordinary general meeting on December 5, 2025, with strong support from shareholders, including over two-thirds of the voting rights. A self-inspection confirmed no insider trading related to the plan’s information within six months prior to its public disclosure, affirming compliance with relevant regulations.