Sanhe Tongfei Refrigeration (300990.SZ) plans to launch the third phase of the restricted stock incentive plan.

Sanhe Tongfei Refrigeration (300990.SZ) announced the third phase of its restricted stock incentive plan (draft), which proposes to grant 3.34 million shares of class II restricted stock, accounting for approximately 1.95% of the total share capital of the company at the time of the announcement of the incentive plan draft. Of these, 2.6774 million shares will be granted initially, with the remaining 0.6626 million shares to be reserved. The grant price for the initially granted restricted stock is 49.20 yuan per share, and the grant price for the reserved restricted stock will be the same as the initially granted restricted stock. The incentive plan will be valid from the date of the initial grant of restricted stock until the date when all restricted stock granted to the incentive recipients is vested or expires, not exceeding 60 months.