United Faith Auto-Engineering (301112.SZ) plans to launch a restricted stock incentive plan for 470,000 shares.

United Faith Auto-Engineering (301112.SZ) disclosed its 2024 Restricted Stock Incentive Plan (draft), which proposes to grant 470,000 restricted stocks to incentive recipients, accounting for approximately 0.43% of the total share capital of the company on the date of the announcement of the draft plan. This grant is a one-time grant with no reserved rights. The Restricted Stock Incentive Plan grants restricted stocks at a price of 9.78 yuan per share to a total of 38 incentive recipients.