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Returns At Shanghai Sunglow Packaging TechnologyLtd (SHSE:603499) Are On The Way Up
Shanghai Sunglow Packaging Technology (603499.SH): The associated company Jintaike plans to implement Stock-based Incentive. The company waives its preferential rights.
On March 7, Gelonghui reported that Shanghai Sunglow Packaging Technology (603499.SH) announced that in order to establish a long-term incentive mechanism, attract and retain outstanding talent, and fully mobilize the enthusiasm of the Jin Taike management team and core staff, ultimately achieving the maximization of interests for Jin Taike, Shareholders, and employees, Jin Taike plans to implement Stock-based Incentive by directly acquiring equity and establishing an employee stockholding platform for capital increase. This employee stockholding platform is expected to invest a total of 26,316,047 yuan to subscribe to Jin Taike's newly registered capital of 4,124,777 yuan; at the same time, Mr. Li Chuangfeng, the chairman of Jin Taike, will contribute 1 yuan.
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