Summary by Futu AI
Yadea Holdings Co., Ltd. voluntarily announced on July 3, 2024 that, according to the share incentive plan adopted on July 23, 2019, it has instructed the manager to acquire up to 31,000,000 shares from the market, accounting for approximately 1.01% of the company's total issued share capital. This move is aimed at reserving shares for future incentive purposes under the plan. The acquired shares will be held by the designated manager on behalf of eligible participants and will not be counted as public shareholdings. Members of the board of directors include executive directors Mr. Dong Jinggui, Ms. Qian Jinghong, and Mr. Shen Yu, non-executive director Mr. Zhang Yiyin, as well as independent non-executive directors Mr. Huang Longming, Mr. Chen Mingyu, Ms. Ma Chenguang, and Ms. Liang Qin.