Summary by Futu AI
Haier Smarthome announced on June 26, 2024 that it will implement the 2024 H-share core employee stock-based incentive plan to regulate the core employee stock-based incentive mechanism. The plan involves 29 core employees and a total amount of 68 million yuan. The stocks under the plan will be purchased through the Shanghai-Hong Kong Stock Connect in the secondary market and will be completed within 6 months after approval at the shareholders' meeting. The term of the holding plan does not exceed 60 months, and there is a performance assessment mechanism to determine the final ownership of shares based on performance assessment results. Haier Smarthome emphasizes that the plan strictly complies with laws and regulations, and employee participation is voluntary and assumes corresponding investment risks. The company's board of directors, supervisors, remuneration and assessment committee, and employee representatives will participate in the formulation and review of the plan. In addition, the implementation of the plan will not engage in insider trading or manipulate the market and other illegal activities.