Zhixun Finance APP News, Jinwo shares (300984.SZ) announced that in order to further improve the company's long-term incentive mechanism, attract and retain more outstanding talents, fully mobilize their enthusiasm and creativity, effectively enhance the cohesion of the core team and the core competitiveness of the company, effectively integrate the interests of shareholders, the company, and the core team, making all parties pay attention to the company's long-term development together, ensuring the realization of the company's development strategy and operation objectives, the company plans to plan and implement a restricted stock incentive plan.

After preliminary research, the incentive plan adopts restricted stock (the second type of restricted stock) as the incentive tool. The stocks are sourced from the company's targeted issuance of RMB-denominated ordinary shares (A shares) to the incentive recipients, as well as the company's repurchased shares. This incentive plan intends to grant a total equity to the incentive recipients of no more than 3.3 million shares, accounting for 4.30% of the company's current total share capital. The company plans to formally disclose the draft of this incentive plan within the next 3 months from the date of this announcement.