Summary by Futu AI
Hirschia announced on 27 May 2024 that it will launch the Executive Summary of the H Stock Core Employee Holding Plan (Draft) for 2024, which aims to motivate core technology (business) personnel of the company and its subsidiaries. The programme covers companies and subsidiaries, with a total of no more than 30 persons participating in the programme's directors (excluding independent directors), senior management personnel, etc. The plan will be funded from an incentive fund raised by the company, amounting to USD 6,850 million, and will be purchased through Shanghang Pass through the company's H shares on the Tier II market. The duration of the plan is not more than 60 months, the locking period of the shares is 12 months, the subordination period is two years, and the holders are assessed according to the company's performance review system. The implementation of this Plan will not result in the distribution of shares of the Company not meeting the requirements of the Listing Conditions.