Summary by Futu AI
On June 21, 2024, Ali Pictures issued and distributed a total of 225,860,100 new shares to non-associated grantees under its share incentive plan, with an issue price of HKD 0.25 per share. This issuance of new shares is based on the share incentive plan adopted on December 30, 2016 and revised in subsequent years, and granted on June 12, 2023 and November 14, 2023. The company's issued shares have increased from 29,488,769,003 shares on May 31, 2024 to 29,714,629,103 shares on June 21, 2024, an increase of 0.77%. The company confirms that all transactions have been approved by the board of directors and comply with relevant listing rules and laws.