Huacan Optoelectronics plans to introduce 6.3 million shares to 112 employees

Huacan Optoelectronics announced today that the company plans to launch an equity incentive plan for 112 middle-level managers and core technology (business) personnel. The total number of shares covered is 6.3 million shares, accounting for 1.40% of the company's current total share capital.

The announcement shows that the price of the restricted stock granted to the incentive object is 7.32 yuan / share. Among them, 5,686,200 shares were granted for the first time, accounting for 1.26% of the company's total share capital; 613,800 shares were reserved, accounting for 9.74% of the total number of shares granted by the plan, accounting for 0.14% of the company's total share capital. The total number of first-time incentives for the program is 112, and the total number of first-time incentives accounts for 4.66% of the company's total number of employees.

The restricted stocks granted for the first time of the plan shall be calculated from the date of first grant, and the incentive targets shall be unlocked in three phases within 36 months after the 24 months from the grant date, to determine whether the target is the incentive target for unlocking. condition.

The conditions for unlocking restricted stocks for the first time are: for the three fiscal years of 2016~2018, compared with the growth rate of operating income in 2014, not less than 44%, 72.8% and 107.36% respectively, deducted from the shareholders of the listed company’s parent company. The net profit growth rate of non-recurring gains and losses is not less than 21%, 33.1% and 46.41% respectively.

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