Recently, Yidianyun (02416) announced the conditional grant of share options and share awards under the 2023 share plan. 14.4 million and 9.6 million share options were granted to Ji Pengcheng and Zhang Bin, executive directors and major shareholders of the Company, respectively, at an exercise price of 5HK$606. The content of this announcement will be submitted to the general meeting of shareholders for approval in the near future.
It is worth noting that the granted options will be issued to the management in five tranches of 20% each, and the corresponding Epoint Cloud must meet the performance targets of 1.47 million units, 1.8 million units, 2.2 million units, 2.7 million units and 3.3 million units of in-service equipment.
In the future, the management of Epoint Cloud needs to realizeA 2% increase in the number of subscribed devices will allow the option to be unlocked gradually.
It is worth mentioning that with the gradual development and maturity of the market, the state and local governments have also begun to attach importance to equity incentives, and have successively issued a series of laws and regulations to encourage the implementation of equity incentives. A relatively standardized procedural basis for the implementation of the equity incentive system by listed companies has been formulated, which provides institutional guarantee for the implementation of equity incentives by listed companies to a certain extent.
The equity incentive implemented by Epoint Cloud is good for both the company's development and shareholders, and the implementation of the plan will make the company's management pay more attention to the company's long-term value.
According to the data released by the Ministry of Industry and Information Technology, the number of enterprises in the country has reached 48.42 million, of which more than 99% are small and medium-sized enterprises. In other words, 99% of small and medium-sized enterprises are potential customers of Epoint Cloud.
According to the semi-annual report of EpointCloud, EpointCloud has maintained a steady growth trend. The number of enterprise customers increased to 45,040, an increase of 11 percent from the previous year8%, the customer retention rate remained stable at 85%, and the number of devices in service increased to 1.15 million.
The 24 million options released this time account for 5% of Yidianyun, and if the performance target of 3.3 million units can be achieved, it will achieve 300% growth. Such incentives will further increase the scale of the ePoint Cloud business and are expected to promote the company's stock price.
In general, the launch of the equity incentive plan not only demonstrates the company's confidence and determination in future development, but also provides investors with good investment opportunities. With the expansion of the company's business scale and the growth of performance, Epoint Cloud is expected to continue to maintain a steady growth trend in the future and achieve greater breakthroughs.