Chongqing Qin'An M&E Plc(603758) 3 on the evening of March 3, the 2022 stock option incentive plan (Draft) was released. The total number of stock options granted by the incentive plan was 8.4903 million, accounting for about 1.93% of the total share capital of the company at the time of announcement of the incentive plan. Each stock option has the right to purchase one share of the company's shares at the exercise price and exercise conditions on the exercise date, and the exercise price is 8 yuan / share.
A total of 118 incentive objects are the core personnel of the company. The total amount of shares obtained by the incentive objects through the plan and other effective equity incentive plans (if any) of the company shall not exceed 1% of the total issued share capital of the company. The performance assessment objective of the exercise of stock options granted to incentive objects is that the net profit after deducting non recurring profits and losses in the consolidated financial statements of 2022 and 2023 shall not be less than 200 million yuan and 220 million yuan respectively.
Chongqing Qin'An M&E Plc(603758) said that the performance assessment objective was formulated according to the company's strategic objectives and annual business plan, combined with the sharp rise in the price of major raw materials faced by the company, the lack of "core" in the automotive industry and the comprehensive impact of the post epidemic era, which was in line with the company's development performance objective and increased year by year, reflecting the company's steady profitability and growth.
