Shanghai Jinfeng Wine Company Limited(600616) : at present, equity incentive has not been considered, but the company has taken a series of positive incentive measures for operation

Some investors asked on the investor interaction platform: what is the real reason for the company’s delay in launching equity incentive?! The majority of minority shareholders have the right to know. Please explain to the board secretary.

Shanghai Jinfeng Wine Company Limited(600616) ( Shanghai Jinfeng Wine Company Limited(600616) . SH) said on the investor interaction platform on March 26 that as a state-controlled listed company, the company has not considered equity incentive at present, but the company has taken a series of positive incentive measures to improve the morale and enthusiasm of cadres and employees.

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