Jia Neng Announces Board Resolution to Issue Restricted Stock Units to Employees
Jia Neng has resolved to issue 2 million Restricted Stock Units (RSUs) to employees following a board meeting. This initiative aims to attract and retain talent, boost employee motivation, and will be granted without cost, vesting over a three-year period. This measure is expected to enhance employees' sense of belonging to the company and contribute to increasing corporate value.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 09:00 (1h 0m after Collected)
1. Date of Board of Directors' resolution: 115/05/08
2. Estimated issuance price: This issuance is free of charge, with an issuance price of NT$0 per share.
3. Estimated total issuance (shares):
The total issuance of these Restricted Stock Units for employees is 2,000,000 shares, with a par value of NT$10 per share, totaling NT$20,000,000.
4. Vesting conditions:
After employees are granted Restricted Stock Units, if they remain employed by the company from the capital increase record date, and their annual performance reviews meet the performance requirements, and they adhere to service guidelines, and have not violated company work rules, the following vesting ratios will apply:
After one year: 40% of granted shares
After two years: 30% of granted shares
After three years: 30% of granted shares
5. Treatment for employees who do not meet vesting conditions or in case of inheritance:
If an employee granted Restricted Stock Units does not meet the vesting conditions, the company will reclaim and cancel the shares without compensation. Other circumstances will be handled in accordance with the company's issuance regulations.
6. Other issuance conditions: To be handled in accordance with issuance regulations.
7. Eligibility criteria for employees:
1. Limited to full-time official employees of the company and its domestic and international controlled or affiliated companies who are employed as of the grant date of the Restricted Stock Units.
2. The actual employees granted and the number of Restricted Stock Units they can receive will be determined by the Chairman, taking into account factors such as job rank, work performance (at least one B rating in two annual performance reviews), operational needs, and business development strategies. This will then be reported to and approved by the Audit Committee and Board of Directors; however, for managerial personnel and directors with employee status, it must be reported to and approved by the Remuneration Committee and Board of Directors.
8. Necessary reasons for issuing these Restricted Stock Units:
To attract and retain professional talent required by the company, to incentivize employees and enhance their sense of belonging to the company, in order to jointly create benefits for the company and shareholders.
9. Estimated expensed amount:
The company shall measure the fair value of the shares on the grant date and recognize the related expenses annually over the vesting period. If calculated based on the average closing price of the company's common stock for the 30 business days prior to April 30, 115 (NT$71.27), the total estimated expensed amount per share is approximately NT$98,979 thousand. Over the three-year vesting period, the annual expensed amounts are estimated to be NT$65,285 thousand, NT$24,236 thousand, and NT$9,458 thousand respectively.
10. Impact on diluted earnings per share:
The impact on diluted earnings per share will be NT$0.19, NT$0.07, and NT$0.03 respectively. Overall, the dilution impact on the company's earnings per share in future years is considered limited and will not have a significant impact on shareholders' equity.
11. Other matters affecting shareholders' equity: None.
12. Rights restricted for employees after receiving or subscribing to new shares and before meeting vesting conditions:
During the vesting period, employees may not sell, pledge, transfer, gift to others, or dispose of the Restricted Stock Units in any other way, except in the case of inheritance. Other restricted rights will be handled in accordance with the issuance regulations for these Restricted Stock Units.
13. Other important agreements (including stock trust custody, etc.):
The company will handle the issuance of these Restricted Stock Units through stock trust custody.
14. Other matters to be specified:
If any conditions of this Restricted Stock Unit issuance need to be revised or adjusted due to instructions from competent authorities or amendments to relevant laws and regulations, a proposal will be made to the Shareholders' Meeting to authorize the Board of Directors or its authorized personnel to fully handle all matters related to the issuance of Restricted Stock Units.
2. Estimated issuance price: This issuance is free of charge, with an issuance price of NT$0 per share.
3. Estimated total issuance (shares):
The total issuance of these Restricted Stock Units for employees is 2,000,000 shares, with a par value of NT$10 per share, totaling NT$20,000,000.
4. Vesting conditions:
After employees are granted Restricted Stock Units, if they remain employed by the company from the capital increase record date, and their annual performance reviews meet the performance requirements, and they adhere to service guidelines, and have not violated company work rules, the following vesting ratios will apply:
After one year: 40% of granted shares
After two years: 30% of granted shares
After three years: 30% of granted shares
5. Treatment for employees who do not meet vesting conditions or in case of inheritance:
If an employee granted Restricted Stock Units does not meet the vesting conditions, the company will reclaim and cancel the shares without compensation. Other circumstances will be handled in accordance with the company's issuance regulations.
6. Other issuance conditions: To be handled in accordance with issuance regulations.
7. Eligibility criteria for employees:
1. Limited to full-time official employees of the company and its domestic and international controlled or affiliated companies who are employed as of the grant date of the Restricted Stock Units.
2. The actual employees granted and the number of Restricted Stock Units they can receive will be determined by the Chairman, taking into account factors such as job rank, work performance (at least one B rating in two annual performance reviews), operational needs, and business development strategies. This will then be reported to and approved by the Audit Committee and Board of Directors; however, for managerial personnel and directors with employee status, it must be reported to and approved by the Remuneration Committee and Board of Directors.
8. Necessary reasons for issuing these Restricted Stock Units:
To attract and retain professional talent required by the company, to incentivize employees and enhance their sense of belonging to the company, in order to jointly create benefits for the company and shareholders.
9. Estimated expensed amount:
The company shall measure the fair value of the shares on the grant date and recognize the related expenses annually over the vesting period. If calculated based on the average closing price of the company's common stock for the 30 business days prior to April 30, 115 (NT$71.27), the total estimated expensed amount per share is approximately NT$98,979 thousand. Over the three-year vesting period, the annual expensed amounts are estimated to be NT$65,285 thousand, NT$24,236 thousand, and NT$9,458 thousand respectively.
10. Impact on diluted earnings per share:
The impact on diluted earnings per share will be NT$0.19, NT$0.07, and NT$0.03 respectively. Overall, the dilution impact on the company's earnings per share in future years is considered limited and will not have a significant impact on shareholders' equity.
11. Other matters affecting shareholders' equity: None.
12. Rights restricted for employees after receiving or subscribing to new shares and before meeting vesting conditions:
During the vesting period, employees may not sell, pledge, transfer, gift to others, or dispose of the Restricted Stock Units in any other way, except in the case of inheritance. Other restricted rights will be handled in accordance with the issuance regulations for these Restricted Stock Units.
13. Other important agreements (including stock trust custody, etc.):
The company will handle the issuance of these Restricted Stock Units through stock trust custody.
14. Other matters to be specified:
If any conditions of this Restricted Stock Unit issuance need to be revised or adjusted due to instructions from competent authorities or amendments to relevant laws and regulations, a proposal will be made to the Shareholders' Meeting to authorize the Board of Directors or its authorized personnel to fully handle all matters related to the issuance of Restricted Stock Units.