Rising Nonferrous Metals Share Co.Ltd(600259) ( Rising Nonferrous Metals Share Co.Ltd(600259) ) according to the announcement on March 16, the board of directors of the company reviewed and approved the first phase of restricted stock incentive plan (Draft), and explored the implementation of the first equity incentive plan Rising Nonferrous Metals Share Co.Ltd(600259) this stock incentive plan plans to grant no more than 3.36 million restricted shares, accounting for about 1% of the total share capital of the company, with the grant price of 23.13 yuan / share. The incentive objects include 80 senior executives, middle-level cadres and other core business backbones of the company. This equity incentive plan is the first equity incentive plan approved by Guangsheng group since the three-year action of state-owned enterprise reform was launched.
According to the announcement, Rising Nonferrous Metals Share Co.Ltd(600259) incentive objects will all subscribe for the company’s shares with their own funds, with a lock-in period of up to 5 years. After 24 months from the date of completion of grant registration, when the company’s performance conditions and personal assessment and rating meet the standards, the sales restrictions will be gradually lifted in three years. The implementation of the equity incentive plan will establish a community of interests for the company, shareholders and incentive objects, bind the career of the company’s executives and core employees with their family business, and fully ensure the stability and sustainability of Rising Nonferrous Metals Share Co.Ltd(600259) core team.
Rising Nonferrous Metals Share Co.Ltd(600259) said that the promotion of equity incentive plan is an important measure for Guangsheng group to continuously explore and improve the medium and long-term incentive mechanism and promote the realization of Rising Nonferrous Metals Share Co.Ltd(600259) medium and long-term development strategy and business objectives. In the future, Rising Nonferrous Metals Share Co.Ltd(600259) will further focus on the main responsibility and main business, take reform and innovation as the fundamental driving force, and build a world-class and China’s leading rare earth listed company.
