Jin Yu Che Cheng (000803): Pushing The First Phase Of Restricted Stock Incentive Plan

Kim Yu Che city (000803) 24 morning announcement, the company will launch the first phase of restricted stock incentive plan, the incentive plan to grant incentive target restricted stock 6 million 386 thousand and 500 shares, the underlying stocks are RMB A common stock, accounting for 5% of the 127 million 730 thousand and 900 shares of the draft incentive plan and the total share capital of the company.

For the first time, the price was 7.69 yuan / share.

The restricted stock granted for the first time is 12 months after the first grant date, and the sale is restricted in 3 phases. The percentage of each restricted release is 40%, 30% and 30% respectively.