Delton Technology (001389.SZ) plans to launch a total of 7.6 million shares of stock options and restricted stock incentive plans.

Delton Technology (001389.SZ) disclosed the draft of the 2024 stock option and restricted stock incentive plan, in which the company plans to grant a total of 7.60 million shares to the incentive recipients, accounting for approximately 1.80% of the total share capital. Among them, the initial grant will not exceed 6.33 million shares per 10,000 shares, and the reserved grant will not exceed 1.27 million shares per 10,000 shares. The exercise price for the stock options initially granted under this incentive plan is 35.73 yuan per share, and the grant price for the initially granted restricted stock is 17.87 yuan per share. The total number of incentive recipients for the initial grant of this incentive plan is 249, including middle management, key personnel, and high-potential employees who were employed by the company (including subsidiaries) at the time of the announcement of this incentive plan, excluding independent directors, supervisors, shareholders holding 5% or more of the company's shares individually or collectively, the actual controller and their spouses, parents, and children. The term of validity for stock options in this equity incentive plan is from the date of grant until the date when the incentive recipients fully exercise or cancel the stock options granted, for a maximum period of not more than 54 months; the term of validity for restricted stock is from the date of grant until the date when the incentive recipients release all restrictions or the repurchase is canceled, for a maximum period of not more than 54 months.