Mengsheng Electronics launched the stock incentive plan, and the net profit assessment indicators in 2022 will be significantly accelerated_Oriental Fortune

　　Mengsheng ElectronicsThe 2022 Restricted Stock Incentive Plan (Draft) released on the evening of April 6 shows that the company intends to grant 1.249 million restricted shares, accounting for 1.09% of the company’s total share capital. Among them, 1,004,000 shares were granted for the first time, 245,000 shares were reserved, and the price for the first grant was 23.28 yuan per share.It is worth mentioning that according toperformanceAssessment indicators, after deduction in 2022net profitThe year-on-year growth rate is not less than 40%, which is significantly higher than the 27.37% year-on-year growth disclosed in the company’s 2021 performance bulletin.

According to the plan, a total of 68 people will be motivated this time, accounting for 16.63% of the company’s total 409 employees by the end of 2021, includingCompany AnnouncementCompany directors, senior management personnel, core technical personnel, middle management personnel and core backbones who work in the company (including subsidiaries in consolidated statements, the same below) during the incentive plan. Specifically, the incentive tools adopted by the incentive plan are the first type of restricted stock and the second type of restricted stock. Among them, the total amount of the first category of restricted shares granted is 378,000 shares, and no reserved rights are set. A total of 871,000 restricted shares were granted in the second category, 626,000 shares were granted for the first time, and 245,000 shares were reserved. The grant price of the first category of restricted stocks is 23.28 yuan per share, and the grant price of the second category of restricted stocks for the first and reserved grants is 23.28 yuan per share.

For company-level performance assessment requirements, the company-level assessment year for the first category of restricted stocks granted by this incentive plan is the three fiscal years from 2022 to 2024, with one assessment per fiscal year. The specific performance assessment target is the three fiscal years from 2022 to 2024. Based on the company’s net profit in 2021, the net profit growth rate in 2022, 2023 and 2024 will not be lower than 40%, 90% and 150% respectively. The above indicators of “net profit” and “net profit growth rate” are calculated based on the deduction of non-net profit.

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

Responsible editor: 73

Original title: Mengsheng Electronics launched the stock incentive plan, and the net profit assessment index in 2022 was significantly accelerated