Up-shine Lighting (301362.SZ) plans to launch a restricted stock incentive plan for 2025.

Up-shine Lighting (301362.SZ) announced its 2025 restricted stock incentive plan (draft), intending to grant a total of 1.4833 million shares of restricted stock to incentive recipients, accounting for approximately 1.42% of the total share capital of the company at the time of the announcement of this incentive plan draft. This grant is a one-time grant without reserved rights. The grant price is 20.91 yuan per share. The effective period of this incentive plan is from the date of the grant of restricted stock to the incentive recipients until the date when all the restricted stock granted to the incentive recipients is fully vested or invalidated, not exceeding 60 months.