Summary by Moomoo AI
Yadea Holdings Co., Ltd. voluntarily announced on July 3, 2024 that, according to the share incentive plan adopted on July 23, 2019, it has instructed a trustee to acquire up to 31,000,000 shares from the market, accounting for about 1.01% of the company's total issued share capital. The move aims to reserve shares for future rewards under the plan. The acquired shares will be held by the designated trustee on behalf of eligible participants, and such shares will not be included in the public shareholding. Board members include executive directors Mr. Dong Jinggui, Ms. Qian Jinghong, Mr. Shen Yu, non-executive director Mr. Zhang Yiyin, and independent non-executive directors Mr. Huang Longming, Mr. Chen Mingyu, Ms. Ma Chen Guang, and Ms. Liang Qin.
