Summary by Moomoo AI
BYD Company Limited announced on October 18, 2024, detailing the explanation of the board of directors regarding the compliance of the 2024 employee stock ownership plan. The plan aims to establish and improve a mechanism for sharing interests between workers and owners, and to help enhance corporate governance, strengthen employee cohesion and competitiveness. The announcement pointed out that the employee stock ownership plan complies with relevant laws and regulations such as the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Guiding Opinions on Pilot Implementation of Employee Stock Ownership Plans for Listed Companies, and the Shenzhen Stock Exchange Listed Company Self-regulation Supervision Guidelines No. 1. The board of directors has solicited...Show More