South Capital Power 225 executives and the backbone of the equity incentive

September 6 announced the planning of major matters suspended after a day, the South power supply (300068) announced today the draft equity incentive plan. South All power supply this is intended to give the incentive to 8 million stock options, each stock option in the right days to the right price and the right to buy 1 shares of South Power stock rights. The Stock options incentive scheme to give the incentive to the stock options involved in the total number of shares of 8 million shares, accounting for the plan at the time of the signing of the total power of 248 million shares of 3.23%.　　The stock option incentive plan granted the right to the stock option of 33 yuan, and the company's initial public offering price is also 33 yuan. The scope of the object of the equity incentive is 225 people, including the company vice President Wang Yueneng, chief Engineer Dong Yipo, financial Director Du June, Secretary Wang Ying of the board of Directors, senior management and core business backbone personnel. The stock options granted under the scheme are valid for an authorized date up to December 31, 2014, for a period of 4.5 years.　　After 30 months from the first authorized date of the current incentive plan, the incentive target should be divided into two-term lines within the next 54 months. The first one is the last trading day from the first trading day after 30 months from the date of authorization to the end of the 42 months from the date of authorization. The first line of business performance conditions for 2010-2012 years of the net profit composite growth rate of not less than 40%, that is, 2012 net profit of less than 2010 years less than 100%. The second line of authority from the date of authorization 42 months after the first trading day up to the date of authorization within 54 months of the last trading period. The performance of the second line of rights is 2010-2013 years of the net profit compound growth rate of not less than 40%, that is, 2013 net profit is not less than 2010 years than 180%.　　Two of the number of feasible rights in the right period accounted for 50% of the number of options granted. South Capital said, according to the above incentive plan, the total fair value of the company's stock option is 10.35 million yuan, will be in the stock option incentive plan waiting period, according to the relevant accounting provisions to be included in the cost, and also into the capital accumulation.