Summary by Futu AI
Purple Gold Mining Group Co., Ltd. (“Purple Gold Mining”) announced on April 17, 2024 that its 2023 Employee Share Plan was completed on April 16, 2024 to transfer 4,220 million shares of A Shares at RMB8.35 per share to the plan's securities account. This batch of shares represents 0.16% of the total share capital of the company. The transfer is in accordance with the relevant regulations of the China Securities and Exchange of China and the Shanghai Stock Exchange and follows the Employee Share Plan (Draft) adopted by the Company in 2023. The duration of the program is 48 months, with a lock-in period of 12 months for the benchmark shares. After the lock-up period, shares will be distributed to holders based on performance metrics and individual performance appraisal results. The Company will continue to monitor the progress of the implementation of the Employee Equity Program and is committed to complying with legal and regulatory requirements for information disclosure.