There is generally no limit to the number of equity incentives. However, the total number of underlying stocks involved in all equity incentive plans of listed companies within a limited period of time shall not exceed 65,438+00% of the company's total share capital. Where the relevant laws, administrative regulations and departmental rules limit the time limit for directors and senior managers of listed companies to buy and sell shares of the company, they shall be strictly implemented in accordance with the provisions.

legal ground

Article 16 of the Measures for the Administration of Equity Incentives of Listed Companies

Where the relevant laws, administrative regulations and departmental rules restrict the time limit for directors and senior managers of listed companies to buy and sell shares of the company, the listed company shall not grant restricted shares to the incentive object within the relevant restricted time limit, and the incentive object shall not exercise its rights and interests.

Article 14

Listed companies can simultaneously implement multi-phase equity incentive plans. If the multi-phase equity incentive plan is implemented at the same time, the company performance indicators established in each phase of the incentive plan shall remain comparable. If the performance index of the company in the later stage of the incentive plan is lower than that in the earlier stage, the listed company shall fully explain the reasons and rationality.

During the validity period, the total number of underlying stocks involved in the equity incentive plans of all listed companies shall not exceed 10% of the company's total share capital. Without the approval of the special resolution of the shareholders' meeting, the accumulated shares of the company granted to any incentive object through the equity incentive plan within the validity period shall not exceed 65,438+0% of the company's total share capital.