On April 2, GLONGHUI (03700.HK) issued an announcement. On April 2, 2024, the company proposed the grant of 14.11 million restricted share units to several eligible persons in accordance with the restricted share unit plan adopted on June 23, 2018.

The Board believes that the award can motivate grantees to optimize their performance and efficiency, and bring maximum benefit to the Group. Furthermore, it will attract talents and highly skilled people, thereby improving the overall competencies of employees. The purpose of the board of directors is to create an environment that encourages cooperation and exchange among team members to achieve synergy.