Zhejiang Zhengte (001238.SZ) proposes to launch a restricted stock incentive plan in 2025.

Zhejiang Zhengte (001238.SZ) announced its 2025 Restricted Stock Incentive Plan (draft), with a proposed grant of 875,000 restricted stocks, accounting for 0.80% of the total share capital of the company at the time of the announcement of the incentive plan draft. This grant is a one-time grant with no reserved rights. The grant price is 19.74 yuan per share. The incentive plan will be effective from the date of registration of the restricted stock grant until the date when the recipients of the incentive have all their restricted stocks lifted from the restriction or repurchased and canceled, with a maximum period not exceeding 36 months.