Summary by Futu AI
tianqi lithium corporation announced the 2024 A-share restricted stock incentive plan (draft) on October 14, 2024, aiming to further establish and improve the company's long-term incentive mechanism, attract and retain outstanding talents. This incentive plan takes the form of restricted stocks, with the target stocks sourced from the company's A-share common stocks repurchased in the secondary market. The total number of restricted stocks planned to be granted to incentive recipients is 0.467966 million shares, accounting for 0.0285% of the company's total share capital. The first batch will be granted 0.459766 million shares, with 0.0082 million shares reserved. Incentive recipients include 26 senior executives and core employees of the company, excluding independent directors, supervisors, and shareholders of more than 5%. The grant price is 16.71 yuan per share, with a maximum validity period of 60 months, and performance evaluation targets set in stages. This incentive plan can only be implemented after being reviewed and approved by a special resolution of the shareholders' meeting.