---
title: "Xinde New Material plans to grant 1.06 million restricted stocks at a grant price of 15.73 yuan per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/223441351.md"
description: "Xinde New Material announced the 2024 restricted stock incentive plan, intending to grant 1.06 million shares of restricted stock at a grant price of 15.73 yuan per share. The initial grant is 848,000 shares, with 212,000 shares reserved, and the incentive targets are 78 individuals. The plan has a maximum validity period of 60 months"
datetime: "2024-12-27T14:22:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/223441351.md)
  - [en](https://longbridge.com/en/news/223441351.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/223441351.md)
generator: "portal-rs"
---

# Xinde New Material plans to grant 1.06 million restricted stocks at a grant price of 15.73 yuan per share

According to the Zhitong Finance APP, Xinde New Material (301349.SZ) has disclosed the draft of its 2024 restricted stock incentive plan, proposing to grant 1.06 million restricted stocks to the incentive recipients (with an initial grant of 848,000 shares and a reserve of 212,000 shares). The initial grant will be awarded to 78 individuals. The grant price for the initially awarded restricted stocks is RMB 15.73 per share.

In addition, the validity period of this incentive plan will last from the date of the initial grant of restricted stocks until all granted restricted stocks are fully vested or become invalid, not exceeding 60 months

### Related Stocks

- [301349.CN](https://longbridge.com/en/quote/301349.CN.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**