北鼎股份: 关于终止实施公司2021年、2022年限制性股票激励计划的公告

Core Viewpoint - The company has decided to terminate the implementation of the 2021 and 2022 restricted stock incentive plans due to significant changes in the industry market environment and the inability to meet the performance targets set for these plans [10][11][12] Summary by Sections Termination of Incentive Plans - The company held meetings on March 26, 2025, where the board and supervisory committee approved the termination of the 2021 and 2022 restricted stock incentive plans, including the cancellation of unvested restricted stocks [1][10] - The decision to terminate these plans will be submitted for shareholder approval [11] Approval Procedures - The 2021 restricted stock incentive plan was approved in a temporary shareholders' meeting in 2021, with the board authorized to determine the grant date and manage related matters [2][3] - The 2022 plan followed a similar approval process, with independent directors and legal opinions provided [6][7] Reasons for Termination - The company cited that it has not met the performance targets for 2023 and 2024, making it difficult to achieve the goals set in the incentive plans [10] - The board concluded that continuing the plans would not yield the intended motivational effects for the incentive recipients [10] Impact on Company Performance - The termination of the incentive plans aligns with relevant laws and regulations, and the company will recognize the related incentive expenses immediately [10][11] - The company anticipates that the number of equity instruments that can meet the conditions for exercise will be zero, leading to no impact on net profit from the incentive expenses [10] Future Arrangements - Following the termination, the company plans to optimize its compensation system and improve performance evaluation methods to motivate management and key personnel [10][11] - The company will not review any new stock incentive plans within three months after the termination [11] Supervisory Committee Opinion - The supervisory committee agrees that terminating the plans is in compliance with relevant regulations and will not significantly impact the company's daily operations or future development [12]