Sichuan Dowell Science and Technology Inc. (300535.SZ) plans to grant 5.5 million restricted shares.

Sichuan Dowell Science and Technology Inc. (300535.SZ) disclosed its 2025 Restricted Stock Incentive Plan (Draft), with a proposed grant of 2.35 million shares of Class 1 restricted stock (including an initial grant of 2.22 million shares) and a proposed grant of 3.15 million shares of Class 2 restricted stock (including an initial grant of 3.02 million shares). A total of 186 recipients are proposed to receive the initial incentive grants. The grant price for the restricted stock awarded to the incentive recipients is 10.09 yuan per share. In this equity incentive plan, the restricted stock will be valid from the date of grant until the date when all restrictions on the restricted stock awarded to the incentive recipients are lifted/ transferred or the repurchase and cancellation/ cancellation become ineffective, for a maximum period of not more than 48 months. The restricted stock awarded to the incentive recipients will be phased out in accordance with the agreed-upon proportion, with each release of restrictions/transfers to meet the corresponding conditions as a prerequisite.