On July 29th, Gelunhui announces that on July 29th, 2024, the board of directors has approved the adoption of a share incentive plan for the purpose of occasionally granting reward shares to selected participants in accordance with the plan rules.

The purpose of the plan is to provide selected participants with the opportunity to obtain ownership equity of the company, encourage and retain relevant personnel to cooperate with the group, provide additional incentives for them to achieve performance goals, attract suitable talents to promote the further development of the group, and motivate selected participants to maximize company value for the benefit of selected participants and the company.