Beijing New Building Materials Public (000786.SZ) plans to launch a restricted stock incentive plan of up to 12.9 million shares.

Beijing New Building Materials Public (000786.SZ) has announced the 2024 Restricted Stock Incentive Plan (draft), with a total of up to 12.9 million restricted stocks to be granted, accounting for approximately 0.764% of the total share capital of the company at the time of the announcement of the draft incentive plan. Of these, 11.1725 million stocks will be initially granted, with 1.7275 million stocks reserved. The grant price is set at 18.20 yuan per share. The effective period of this incentive plan is from the date of completion of the first grant of restricted stocks until the date when all the restricted stocks granted to the incentive recipients are fully released from restriction or bought back, with a maximum duration of up to 72 months.