Shanghai Haoyuan Chemexpress (688131.SH) plans to launch a restricted stock incentive plan for 3 million shares.

Shanghai Haoyuan Chemexpress (688131.SH) has released a 2025 Restricted Stock Incentive Plan (draft), in which the company plans to grant 3 million restricted shares to incentive recipients, accounting for approximately 1.42% of the total share capital of the company at the time of the announcement of the draft of the incentive plan, which was 21,095.9781 million shares. Among them, 2.4 million restricted shares will be granted initially, with 600,000 shares reserved, at a price of 21.62 yuan per share. The incentive plan is intended to initially grant to a total of 168 incentive recipients, including core technical personnel, middle management personnel working in the company (including subsidiaries) at the time of the announcement of the incentive plan, and other personnel deemed in need of incentives by the board of directors. The incentive plan will be effective from the date of the initial grant of restricted shares until the date on which all restricted shares granted to incentive recipients are vested or become invalid, with a maximum duration of 48 months.