Summary by Futu AI
Qingdao Beer Co., Ltd. held its tenth board of directors' sixth extraordinary meeting on July 16th, 2024, which was conducted in written form and complied with relevant laws and regulations. The meeting unanimously passed the "Improving Quality, Increasing Efficiency, and Returning More" work plan, aimed at enhancing the company's quality and efficiency, and strengthening returns for shareholders. In addition, the meeting also deliberated and passed the achievement of the removal condition for the third period of restricted stocks under the first restricted stock incentive plan for A shares, agreed to lift the limit on 4,235,863 shares of restricted stocks for 595 eligible incentive objects, and applied for listing of the shares. This resolution has been reviewed and approved by the company's nomination and compensation committee. Executive directors Huang Kexing, Jiang Zongxiang, Wang Ruiyong, and Hou Qiuyan, as the incentive plan objects, abstained from voting on this proposal.