On September 18th, Coking Energy (301175.SZ) announced the 2024 Restricted Stock Incentive Plan (draft). The plan intends to grant 30.137 million shares of restricted stock to incentive recipients, accounting for approximately 2.05% of the total capital of 1,471.88 million shares at the time of the announcement of the draft. Among them, 24.137 million shares are initially granted, accounting for approximately 1.64% of the total capital of the company as of the announcement date, and 80.09% of the total number of restricted shares to be granted under this incentive plan. 6 million shares are reserved, accounting for approximately 0.41% of the total capital of the company as of the announcement date, and 19.91% of the total number of restricted shares to be granted under this incentive plan.

The grant price for the restricted stock in this incentive plan (including the reserved portion) is 2.41 yuan/share.

A total of 296 incentive recipients are included in the initial grant of this incentive plan, including senior executives, core employees, and backbone employees serving in the company (including its controlling subsidiaries) at the time of the announcement of this incentive plan. However, it does not include directors (including independent directors), supervisors, shareholders or actual controllers who individually or collectively hold more than 5% of the company's shares, as well as their spouses, parents, children, and foreign employees.

The incentive plan is valid from the date of the initial grant of the restricted stock until the day when all the restricted stock granted to the incentive recipients becomes fully vested or becomes invalid and cancelled, with a maximum period of 72 months.