Hangzhou MDK Opto Electronics Co., Ltd (688079.SH) granted 8.8277 million stock options and 8.8277 million restricted stocks.

Hangzhou MDK Opto Electronics Co., Ltd (688079.SH) announced that the company held the 20th meeting of the second board of directors and the 17th meeting of the second board of supervisors on November 18, 2024. They approved the proposal for the first grant of stock options and restricted stocks under the 2024 Stock Option and Restricted Stock Incentive Plan. The initial grant date/grant date for equity incentive rights was set for November 18, 2024. They granted 8.8277 million stock options to 343 eligible incentive recipients at an exercise price of 7.37 yuan per share; as well as 8.8277 million restricted stocks at a grant price of 3.69 yuan per share to the same number of eligible incentive recipients.