Guangdong Hoshion Industrial Aluminum (002824.SZ) plans to grant 2.16 million stock options and 1.44 million restricted stocks.

Guangdong Hoshion Industrial Aluminium (002824.SZ) announced that the company plans to grant 2.16 million stock options (initially granting 1.836 million shares) and 1.44 million restricted stocks (initially granting 1.224 million shares). The exercise price for the initial stock options is 15.10 yuan per share, and the grant price for the initial restricted stocks is 11.32 yuan per share. The initial incentive targets include a total of 239 mid-level managers and core technical (business) personnel in the company (including subsidiaries). The validity period of this stock option incentive plan is from the completion of the initial registration of the stock options to the date when the incentive targets exercise all the stock options or cancel them, not exceeding 48 months; the validity period of the restricted stock incentive plan is from the completion of the initial registration of the restricted stocks to the date when the incentive targets release all the restrictions or the repurchase is completed, not exceeding 48 months.