Piotech Inc. (688072.SH) has disclosed its draft 2026 restricted stock incentive plan, aiming to grant up to 6.5 million restricted shares to eligible participants. This figure represents approximately 2.22% of the company's total share capital at the time of the plan's announcement, with the initial grant not exceeding 5.55 million shares.
The incentive scheme targets no more than 1,220 individuals, with the grant price (including reserved shares) set at no less than 390 yuan per share. This move is designed to align the interests of key employees with long-term corporate growth.
Under the proposed plan, the restricted shares will be subject to vesting conditions tied to company performance and individual contributions, ensuring that rewards are linked to measurable outcomes. The final approval of the plan remains subject to shareholder and regulatory procedures as required.
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