---
title: "PHUA LEE MING plans to grant 1,178,200 stock options and 589,100 restricted shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252262680.md"
description: "PHUA LEE MING announced a stock option and restricted stock incentive plan for 2025, intending to grant 1,178,200 stock options and 589,100 restricted shares, accounting for 0.28% and 0.14% of the company's total equity, respectively. The exercise price of the stock options is RMB 12.63 per share, and the grant price of the restricted shares is RMB 8.42 per share. The incentive targets are 104 individuals, and the plan is valid for a maximum of 36 months"
datetime: "2025-08-08T14:59:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252262680.md)
  - [en](https://longbridge.com/en/news/252262680.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252262680.md)
---

# PHUA LEE MING plans to grant 1,178,200 stock options and 589,100 restricted shares

According to the Zhitong Finance APP, PHUA LEE MING (002957.SZ) disclosed the draft of the 2025 stock option and restricted stock incentive plan. The company plans to grant a total of 1,178,200 stock options to the incentive recipients, accounting for approximately 0.28% of the company's total share capital at the time of the announcement of this incentive plan; it will grant a total of 589,100 restricted stocks to the incentive recipients, accounting for approximately 0.14% of the company's total share capital at the time of the announcement of this incentive plan. The exercise price of the stock options granted under this incentive plan is RMB 12.63 per share, and the grant price of the restricted stocks is RMB 8.42 per share. A total of 104 individuals will receive the incentives under this plan, including core employees of the company (including subsidiaries), but excluding the company's directors, supervisors, and senior management personnel.

The validity period of the stock option incentive plan is from the date of completion of the stock option grant registration until the date of full exercise or cancellation, not exceeding 36 months; the validity period of the restricted stock incentive plan is from the date of completion of the restricted stock grant registration until the date when the restricted stocks granted to the incentive recipients are fully released from restrictions or repurchased and canceled, not exceeding 36 months

### Related Stocks

- [002957.CN](https://longbridge.com/en/quote/002957.CN.md)

## Related News & Research

- [BoJ Koeda says the BoJ must keep assessing how firmly underlying inflation expectations remain anchored](https://longbridge.com/en/news/287144158.md)
- [Figure AI had one of its robots race a human to sort packages. It lost.](https://longbridge.com/en/news/286883540.md)
- [Polytechnic students create AI chatbot to improve access to special needs resources and support](https://longbridge.com/en/news/286932477.md)
- [Hungary's Magyar says former deputy minister wanted by Warsaw may have left via Serbia](https://longbridge.com/en/news/287012689.md)
- [China's Kelin Electric to Buy Controlling Stake in Humanoid Robot Startup for Up to USD44.1 Million](https://longbridge.com/en/news/287032534.md)