What does Wan Ze stock do?

165438+1October 22nd news, Wan Ze recently launched an equity incentive plan, and awarded 5 million restricted shares of the company to 155 incentive targets, accounting for 1.009% of the total share capital, at a grant price of 7.70 yuan/share. This has attracted the attention of many people, and some people who eat melons don't know what Wan Ze shares are for. Let's take a look today.

What does Wan Ze stock do?

Wan Ze Co., Ltd. is a joint-stock company established by Shantou Electric Power Development Company and ICBC Trust Company on 1992 * *, which is mainly engaged in electric power, thermal construction, production and sales, and also engaged in real estate, general machinery, metal materials, chemical raw materials, coal and other businesses.

Business scope: investing in the construction of power plants and power stations, power production, steam heating, exporting self-produced products, and importing equipment and raw and auxiliary materials needed for production; Sales of general machinery, electrical machinery and equipment, metal materials, building materials, chemical raw materials, coal, auto parts; Rental and sale of electronic computers and accessories; Electronic computer technology service. Engaged in real estate investment, development, management and interior decoration; Investment and development of mineral resources.

How about Wan Ze stock?

According to the incentive plan, the incentive object is 155. Among them, Managing Director Bi holds 654.38+0.2 million shares, Deputy Managing Director holds 200,000 shares, Director Cai Yongfeng holds 654.38+0.2 million shares, CFO Lin holds 654.38+0.44 million shares, and there are 654.38+0 core technology (business) employees.

The evaluation period of this incentive plan is from 202/kloc-0 to 2023, and the time span is three fiscal years. The assessment indicators are divided into revenue and net profit. After three years, as long as the revenue and net profit increase by more than 40%, you can get all the incentives.

In the first phase, the sales restriction will be lifted, based on the operating income in 2020, and the growth rate of operating income in 202 1 year will not be lower than 12%. Based on the deduction of non-net profit in 2020, the growth rate of non-net profit deduction in 202 1 year is not less than12%; In the second release period, based on the operating income in 2020, the growth rate of operating income in 2022 is not less than 25.44%. Based on the deduction of non-net profit in 2020, the growth rate of non-net profit deduction in 2022 is not less than 25.44%; The third phase of lifting the sales restriction is based on the operating income in 2020, and the growth rate of operating income in 2023 is not less than 40.49%. Based on the deduction of non-net profit in 2020, the growth rate of non-net profit deduction in 2023 is not less than 40.49%.

Before the introduction of equity incentives, the company's shareholders have completed a round of cash.

According to the announcement, on June165438+1October1day, the company's employee stock ownership plan for 20 19 was reduced, with a reduction of 2.737 million shares, accounting for 0.55% of the company's latest total share capital. From August to September this year, Wan Ze Group, the largest shareholder of the company, continuously reduced its holdings by more than 6,543,800+003,200 shares. In addition, Jiangxi Ganjiang Rongchuang Investment Co., Ltd., the second largest shareholder of the company, reduced its holdings by 2.5 million shares, 2 1.2 million shares and 8,449,700 shares in the first quarter, second quarter and third quarter of this year respectively.