Summary by Futu AI
COSCO SHIPPING Holdings Co., Ltd., announced on 24 May 2024 a limited exercise period for its stock option incentive program. The third line option for the first grant of options under the Scheme is from 5 June 2023 to 2 June 2026, with the reserve for the third line option granted from 29 May 2024 to 28 May 2027. In accordance with the relevant regulations and the Company's Final Profit Distribution Implementation Plan, this exercise limitation period is set from 31 May to 20 June 2024, during which time all incentives will be restricted. The Company will resume its powers on June 21, 2024. The announcement was issued by the Board of Directors of the Company and signed by the Company Secretary, Mr. Xiao Junguang.