Zhitong Finance App News, Huanlong Holdings (02260) announced that the company adopted the share award scheme on May 9, 2024. Eligible participants selected by the board of directors (excluding excluded participants) can participate in the share award program. The purpose of adopting a share award scheme is: to recognize the contributions of certain eligible participants to the Group's growth and development and to reward such eligible participants; and to attract suitable persons for the further development of the Group.

The maximum number of shares that can be granted under the share award scheme shall not exceed 30 million shares, or approximately 6.21% of the company's issued share capital on the date of adoption. The maximum number of bonus shares that can be granted to a selected participant under the share award scheme shall not exceed 1% of the company's issued share capital from time to time.