On February 14, Yuan Longping High-Tech Agriculture Co.Ltd(000998) announced that the company issued the outline of the long-term service plan and the first phase of the employee stock ownership plan (Draft) of the long-term service plan.
The company said that the outline of the long-term service plan aims to actively explore the medium and long-term incentive model, encourage core talents to take root and serve the company for a long time, and realize value creation and benefit sharing in the process of common growth with the company.
The announcement shows that the participants of the first phase of Yuan Longping High-Tech Agriculture Co.Ltd(000998) employee stock ownership plan are the company's directors (excluding independent directors), supervisors, senior managers, personnel in other key positions and core technology (business) personnel, with a total number of no more than 800. The "share" is the subscription unit, and each share is 1 yuan. The underlying stock involved in the ESOP comes from Yuan Longping High-Tech Agriculture Co.Ltd(000998) A shares repurchased in the company's special securities account. The number of underlying shares involved is 23 million shares, and the transfer price is 10.01 yuan / share.
It is worth mentioning that with the deployment of a series of key tasks such as the national "action plan for the revitalization of seed industry", the seed industry has entered a policy dividend period. Industry insiders believe that with the arrival of the new technology cycle of seed industry represented by biotechnology, it is expected that more seed industry development support policies will be issued during the 14th Five Year Plan period.
It is understood that Yuan Longping High-Tech Agriculture Co.Ltd(000998) is strengthening the introduction of breeding resources, expanding the conservation scale of breeding resources, accelerating the breakthrough of cutting-edge technologies such as gene editing and genome-wide selection, building a full chain and full factor commercial seed breeding system, and striving to achieve the strategic goal of becoming one of the top five global seed industry enterprises by 2025.
Yuan Longping High-Tech Agriculture Co.Ltd(000998) said that the company will adhere to the value creation oriented, improve the strategic value distribution system, establish and improve the benefit sharing mechanism of the company, employees and shareholders, effectively promote the transformation of the company's "manager" to "partner", further improve the company's internal salary system and enhance the market competitiveness of salary level.