Suzhou Recodeal Interconnect System (688800.SH) plans to launch a restricted stock incentive plan for 5 million shares.

Suzhou Recodeal Interconnect System (688800.SH) disclosed its restricted stock incentive plan for 2025 (draft). The company plans to grant 5 million restricted stocks to incentive recipients, accounting for approximately 3.16% of the total shares of the company at the disclosure date of 158.419873 million shares. Among them, 4.1 million restricted stocks will be granted initially, with 0.9 million reserved, at a price of 51.03 yuan per share. A total of 239 incentive recipients are involved in the initial grant of the incentive plan, including core employees who were employed by the company (including subsidiaries) at the time of the announcement of the plan. The effective period of the incentive plan will be from the date of the grant of restricted stocks until the date when the recipient's stocks are fully vested or expired, not exceeding 72 months. The initially granted restricted stocks will vest in five tranches after 12 months from the grant date, with portions of 24%, 19%, 19%, 19%, and 19% respectively.