16,036,800 copies! Sany Renewable Energy's second phase of stock option incentive exercise

Recently, Sany Renewable Energy (SH688349) issued an announcement on the exercise of the second exercise period of the 2020 stock option incentive plan, with 16,036,800 shares to be exercised, all of which have been exercised, and the incentive objects include directors, senior managers, core technical personnel and other key personnel, with a three-year restriction period.

In December 2020, the company held a board of directors and board of supervisors, and in January 2021, the company held a general meeting of shareholders to review and approve the "2020 Stock Option Incentive Plan of Sany Renewable Energy Co., Ltd." and the "Assessment Management Measures". The incentive plan is based on the premise of the company's successful listing, which is divided into three exercise periods, and sets assessment conditions from the company level and individual levels, of which the performance appraisal requirements at the company level are:

In 2021, the company's total operating income was 10.175 billion yuan and net profit was 1.591 billion yuan, which met the exercise conditions, and the first exercise period was completed in September 2022, with 12.6985 million shares to be exercised.

In 2022, the company's total operating income will be 12.325 billion yuan and net profit will be 1.653 billion yuan, which will meet the conditions for exercising, and the exercise registration will be completed recently, with 16.0368 million shares exercised.

It can be seen from the relevant announcements that the performance appraisal indicators have exceeded expectations for two consecutive years, and the second phase of exercise has been fully exercised, reflecting the confidence of the incentive recipients in the company's future prospects, and fully embodying the concept of "common growth, common development, and shared results" of Sany Renewable Energy.

Under the guidance of the "dual carbon" goal, the wind power industry is a key development area to promote energy transformation and ensure energy security, and Sany Renewable Energy is committed to becoming a global leader in clean energy equipment and services.

In recent years, the company has focused on product performance and quality and reached the leading position in the industry, rapidly improved its market position, and has become one of the top ten wind power manufacturers in the world and one of the top five in China.