On April 29, 2024, Haijiya announced that it will implement its Core Employee Share Plan A and H Shares 2024, which aim to further motivate employees to create value, enhance company competitiveness, and drive the full implementation of the company's IoT smart home eco-branding strategy. The plan will cover the core key personnel of the company and its subsidiaries, with no more than 2,400 participants in the A share plan and no more than 30 in the H-share plan. The source of the funds is an incentive fund raised by the company. The amount of the A share plan is $71,150 million and the H-share plan amount is $6,850 million. The source of the shares will be the repurchase of the Company's...Show More

On April 29, 2024, Haijiya announced that it will implement its Core Employee Share Plan A and H Shares 2024, which aim to further motivate employees to create value, enhance company competitiveness, and drive the full implementation of the company's IoT smart home eco-branding strategy. The plan will cover the core key personnel of the company and its subsidiaries, with no more than 2,400 participants in the A share plan and no more than 30 in the H-share plan. The source of the funds is an incentive fund raised by the company. The amount of the A share plan is $71,150 million and the H-share plan amount is $6,850 million. The source of the shares will be the repurchase of the Company's A shares and the purchase of the Company H shares on the secondary market through Shanghai Hongkong Express. The plan lasts no more than 60 months and has a 12-month lock-in period. At the end of the lock-up period, the holders will be assessed according to the company's performance review system and assigned to the holders in two periods according to a certain percentage. The Plan is subject to subsequent approval by the General Meeting.