Wantong Development (600246.SH) plans to launch a restricted stock incentive plan for 2025.

SooTrdae Financial News APP, Wantong Development (600246.SH) announced the 2025 Restricted Stock Incentive Plan (draft), intending to grant 94.5206 million restricted stocks to incentive recipients, accounting for 5% of the total equity of the company on the announcement date of this draft incentive plan. The grant price is 6.25 yuan per share. The term of this incentive plan is from the date of the first grant of restricted stocks to the incentive recipients until the date when all the restricted stocks granted to the incentive recipients are fully released from restriction or repurchased and cancelled, not exceeding 60 months.