Shenzhen Textile A announced on August 19 a draft 2026 stock option incentive plan, intending to grant 15.19 million stock options to incentive recipients, accounting for approximately 3.00% of the company's total share capital, with an exercise price of 10.06 yuan per option. Of these, 14.69 million options will be granted initially and 500,000 options will be reserved, with the shares sourced from A-share common stock to be issued by the company to the incentive recipients through a private placement. The initial grant covers a total of 154 incentive recipients, including directors, senior management, and core technical and business personnel. The incentive plan is valid for no more than 72 months, and the stock options will be exercised in three exercise periods, with exercise ratios of 33%, 33%, and 34% respectively. The company-level performance assessment requires that each year simultaneously meet three indicators: net profit growth rate, research and development expense growth rate, and accounts receivable turnover rate. For 2026, the net profit growth rate must be no less than 10% and no less than the average level of peer benchmark companies in the same industry. The company's main business is the research, development, production, and sales of polarizers for OLED and LCD displays. In 2025, it achieved total operating revenue of 3.241 billion yuan and net profit attributable to the parent company of 68.4187 million yuan.
Shenzhen Textile Holdings Co LtdCompany announces stock option incentive plan, typically seen as positive for alignment and motivation.
