Shenma Industrial (600810.SH) plans to launch a restricted stock incentive plan in 2024.

Shenma Industrial (600810.SH) has announced its 2024 Restricted Stock Incentive Plan (draft), which plans to grant 10.244 million restricted stocks to incentive recipients, accounting for 0.98% of the total share capital of the company as of September 20, 2024. The grant will be a one-time grant without reserved rights, at a price of 3.80 yuan per share. The validity period of this incentive plan is from the date of the grant of restricted stocks to the incentive recipients until the date when all the restricted stocks granted to the incentive recipients are fully released or repurchased and cancelled, not exceeding 60 months.