Share Award Plan - A total of 68,349,307 shares were granted under the 2023 Share Award Plan, with 15,094,797 shares awarded to directors and senior management[4]. - Of the shares awarded to directors and senior management, 10,554,797 shares were granted to 2 senior management members, with a vesting period not exceeding 12 months from the grant date[4]. - The 2023 Share Award Plan aims to attract and retain talent, providing shares as part of compensation to promote business development and growth[5]. - The share awards are designed to align with the company's goals of business growth and to enhance loyalty among key participants[5]. - The plan considers factors such as industry experience, tenure, and the potential contributions of participants to the company's business development[12]. - The total number of shares awarded reflects the company's commitment to incentivizing key personnel for sustained operational engagement and growth[5]. - The share awards are part of a broader strategy to ensure competitive compensation compared to industry peers[12]. - The 2023 share award plan details remain unchanged and should be read in conjunction with the annual report[14]. Compensation and Motivation - The compensation committee believes that the awarded shares will motivate recipients to contribute to the company's future development, despite the absence of performance targets and limited clawback mechanisms[7]. - The company emphasizes that the share awards do not carry performance targets but are subject to general clawback provisions in cases of misconduct[11]. - The compensation committee believes that granting share awards with a vesting period of less than twelve months is appropriate and necessary to attract and retain valuable talent[13]. - The company aims to provide competitive employment packages to enhance employee loyalty and commitment, thereby promoting business development and growth[13]. Strategic Focus - The company is focused on enhancing its operational capabilities through strategic talent acquisition and retention initiatives[5].
烯石电车新材料(06128) - 2024 - 年度业绩