Summary by Futu AI
ysb announced on November 6, 2024, that according to the 2023 stock incentive plan, a total of 1,858,000 shares of incentive shares were granted to 36 employee participants, including chief operation officer Ms. Xu Xiaoye, accounting for approximately 0.29% of the issued shares. The incentive shares will be gradually allocated in the coming years based on different conditions, with Ms. Xu receiving 600,000 shares in equal installments over three years. The incentive aims to motivate employees for their contributions and align with the company's performance growth. The plan has been approved by independent non-executive directors and does not require shareholder approval. Additionally, the company also has a 2019 stock incentive plan, and adopted the 2023 stock incentive plan on June 12, 2023, which is valid for 10 years from the listing date.