Shanghai Fudan Microelectronics (1385) Proposes 13.88 Million A-Share Incentive Scheme

Bulletin Express
02/27

Shanghai Fudan Microelectronics (1385) has announced the proposed adoption of a 2026 A Share Restricted Share Incentive Scheme involving up to 13.88 million newly issued A shares, equivalent to about 1.69% of its total share capital of 823.71 million shares. The plan sets a Grant Price of RMB41.59, with total proceeds estimated at around RMB577.27 million.

Among the proposed shares, 11.16 million are designated for the first batch of grants, while 2.72 million will be reserved. Those eligible include directors, senior management, and core technical personnel. Performance thresholds focus on growth in FPGA and high reliable memory chip revenue for 2026 to 2028, referencing a 2024 baseline of RMB1.80 billion in that product segment.

A general meeting is scheduled on 16 March 2026 at 1:30 p.m. in Shanghai, followed by a separate class meeting for H Shareholders at 2:00 p.m. Shareholders are set to consider specialized resolutions regarding approval and authorization matters for the incentive arrangement.

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