SUNSHINE PAPER (02002) announced that on January 6, 2025, the Board of Directors has adopted the share incentive plan. The plan...
According to the Zhichun Finance APP, SUNSHINE PAPER (02002) announced that on January 6, 2025, the Board of Directors adopted the stock incentive plan. This plan will only be funded by existing shares and will not involve the issuance of any new shares, effective for ten years from the date of adoption. The purpose and objective of the plan are to recognize the contributions of several eligible participants and to provide them with incentives to retain their continued service to the group's operations and development; and to attract suitable talents for the group’s further development.
The Board of Directors or plan administrators shall not further grant any awarded shares that would cause the total number of shares awarded by the Board under the plan to exceed 9% of the company's issued share capital as of the date of adoption (i.e., 1,065,144,359 shares).
