Yantai Yatong Precision Mechanical Corporation (603190.SH) plans to launch a restricted stock incentive plan for 2025.

Yantai Yatong Precision Mechanical Corporation (603190.SH) announced its 2025 restricted stock incentive plan (draft), which plans to grant 4.7 million restricted stocks to incentive targets, accounting for approximately 3.92% of the total share capital of the company at the time of the announcement of the incentive plan draft. The grant price is 11.99 yuan per share. The incentive plan will be valid from the date of completion of the registration of the restricted stocks until the date when all the restricted stocks are released from their restrictions or repurchased and cancelled, with a maximum duration of 48 months.