Securities code: 603129 securities abbreviation: Zhejiang Cfmoto Power Co.Ltd(603129) Announcement No.: 2022-005 Zhejiang Cfmoto Power Co.Ltd(603129)
About the second stock option incentive plan in 2019
Announcement of exercise results and share transfer registration in the second exercise period
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content note: the number of shares exercising this time: 163500 shares
Registration time of transfer of exercise shares: February 21, 2022
1、 Decision making procedures and relevant information disclosure of this stock option exercise
Zhejiang Cfmoto Power Co.Ltd(603129) (hereinafter referred to as "the company") held the second meeting of the Fifth Board of directors on December 29, 2021 The second meeting of the 5th board of supervisors deliberated and approved the proposal on canceling the second exercise period of the 2019 stock option incentive plan and some stock options in the second exercise period of the 2019 second stock option incentive plan, and the proposal on adjusting the exercise price of stock options in the 2019 second stock option incentive plan In the proposal on the achievement of the exercise conditions in the second exercise period of the second stock option incentive plan in 2019, the independent directors issued their agreed independent opinions, and Beijing Anjie (Shanghai) law firm issued relevant legal opinions.
For details, see the announcement on the achievement of exercise conditions in the second exercise period of the company's 2019 second stock option incentive plan (Announcement No.: 2021-143) disclosed by the company on December 30, 2021. 2、 Basic information of exercise of this equity incentive plan (I) list of exercise objects and exercise information
The number of exercise shares accounted for 20% of the current total share capital of the second phase shares in 2019
Name and position (10000 copies) grant proportion of option incentive plan (%)
Proportion of total
Core management personnel and core technology 16.35 40.27 0.11
(business) personnel (52 persons)
Total 16.35 40.27 0.11
Note: 1. The total amount of the above equity incentive plan has excluded 17000 stock options for 10 resignation incentive objects cancelled in the first exercise period and 78000 stock options for 5 resignation incentive objects cancelled this time.
2. Yang Guochun, a former deputy general manager of the company, has a term of office of three years, which has expired on December 20, 2021. According to the announcement on the election of chairman, vice chairman, members of special committees of the board of directors and the appointment of senior managers and securities affairs representatives (announcement No.: 2021-137) disclosed by the company on December 22, 2021, Yang Guochun is no longer a senior manager of the company.
3. After the exercise conditions are met, because one incentive object did not pay the exercise payment and automatically gave up the exercise, the number of people applying for exercise this time is 52 and the number of applying for exercise is 163500 stock options. （2） Source of stock for this exercise
The source of the exercise stock is the company's RMB A-share common stock repurchased from the secondary market. （3） Number of Exercisers
The number of people exercising the second time in the first exercise period of the equity incentive plan is 52. 3、 Transfer registration arrangement of exercise shares of this equity incentive plan and changes in share capital structure (I) transfer registration date of exercise shares of this time
The transfer registration date of the exercise shares is February 21, 2022
（2） Number of shares registered for transfer of this exercise
The number of transfer registration of exercise shares this time is 163500 shares. （3） Locking and transfer restrictions on the exercise shares of directors, supervisors and senior executives
The exercise shares are all tradable shares with unlimited sales conditions; There are no directors and senior managers exercising their rights this time. (IV) changes in share capital structure
Unit: shares
Category before current change amount after current change
Shares with limited sales conditions 15700074 0 15700074
Shares with unlimited sales conditions 134377300 0 134377300
Total 150077374 0
After the change of share capital, the actual controller of the company has not changed. 4、 Capital verification and share registration
（1） Capital verification of the accounting firm on this exercise
According to the capital verification report issued by Lixin Certified Public Accountants (special general partnership) (Xin Kuai Shi Bao Zi [2022] No. zf10013), as of January 10, 2022, the company's stock incentive objects in this batch actually exercised 163500 shares, the exercise price was 26.77 yuan / share, and actually received the exercise payment paid by the incentive objects of 4376895.00 yuan, The difference between the amount received by equity incentive exercise and the repurchase cost of treasury shares is included in the capital reserve, including a decrease of treasury shares of RMB 3300843.08 and an increase of capital reserve (capital stock premium) of RMB 1076051.92. After this exercise, the share capital of the company is still RMB 150077374.00. （2） Share registration
The company has completed the transfer registration procedures for the exercise of stock options and obtained the registration certificate issued by China Securities Depository and Clearing Co., Ltd. Shanghai Branch on February 22, 2022. 5、 Use plan of the raised funds
All the funds raised from the exercise of the stock option incentive plan are used to supplement the working capital of the company. 6、 Impact of this exercise on the latest financial report
The number of stock options exercised this time is 1635000 shares, accounting for 0.11% of the current total share capital of the company. The total share capital of the company remains unchanged, and the exercise reduces 1635000 treasury shares.
This exercise will not have a significant impact on the company's financial status and operating results in the latest period.
It is hereby announced.
Zhejiang Cfmoto Power Co.Ltd(603129) board of directors February 23, 2022
