Xinyu Iron & Steel (600782.SH) plans to launch the first phase of A-share restricted stock incentive plan.

Xinyu Iron & Steel (600782.SH) has announced the first phase of its A-share restricted stock incentive plan (draft), with the proposed number of restricted stocks not exceeding 44.5 million shares, accounting for approximately 1.41% of the total share capital of the company at the time of the plan announcement. Among them, the initial grant will not exceed 43.02 million shares, with 1.48 million shares reserved. The plan will be valid from the date of completion of the registration of restricted stocks until the date of full release of restrictions or repurchase, with a maximum duration of 72 months.