Summary by Futu AI
Tianqi Lithium Corporation decided at the board meeting on October 14, 2024, to propose adopting the 2024 H-share restricted stock plan and A-share restricted stock incentive plan. This is aimed at incentivizing eligible participants and attracting suitable talent for the further development of the group. The H-share plan will involve the company issuing H-share common stock to a trust fund, while the A-share plan involves the company repurchasing A-share shares from the secondary market in 2022. Both plans require shareholder approval and will be subject to a vote at an extraordinary general meeting. Details will be disclosed through a circular announcement.