Gelonghui, May 29丨Huazi International Marine (02258.HK) announced the announcement relating to the adoption of the share award plan. According to the provisions of the share award scheme, award shares will be executed by: (i) the trustee buys existing shares in the market; or (ii) allocates and issues new shares to the trustee under a general or special authorization by the company seeking shareholders' approval at its shareholders' meeting. The Board hereby announces that the provisions of the share award scheme have been amended to remove provisions that allow the board to allocate and issue new shares. Therefore, future awards of rewards can only be carried out by the trustee purchasing existing shares in the market. According to the provisions of the share award scheme and applicable listing rules, such amendments are not subject to the approval of the company's shareholders.