Star-Shine car simulation start-up equity incentive

Star Model (300043) notice, the company's first proposed to the incentive to grant 1.7 million stock options, the subject of the type of stock is RMB common, accounting for the incentive plan signed when the total amount of 79.2 million shares of 2.15%. For the first time, 1.53 million were granted and 170,000 were reserved.　　Each stock option has the right to purchase 1-star model shares at the right price and on the right condition during the validity period. The right price of the stock option awarded for the first time in this incentive plan is 32.10 yuan/share. The target is the company directors (excluding independent directors), senior managers, core managers, core technology (business) personnel and the relevant personnel who the Board deems necessary to motivate.　　The grant of the reservation part shall be given by the Board of Directors, and the Board of Supervisors shall verify that the company will grant it according to the agreement of the incentive plan when it makes sufficient information disclosure including the incentive share, the motivating object position and the price of the right of conduct. The scheme is valid for a maximum of 5 years from the date of authorization of the first stock option. After 12 months from the first authorization date of the current incentive plan, the incentive target should be divided into three periods in the next 36 months.　　25%, 35% and 40% per cent of the row rights. The main right condition of granting the option (including reserving part): In the validity period of the stock option Incentive scheme, the net profit growth rate of 2010-2012 years relative to 2009 is not less than 45%, 100% and 165% respectively. The 2010-2012-year operating income rate was no less than 35%, 85% and 140% per cent in 2009.