Summary by Moomoo AI
BEIJING JINGFENG CLEAN ENERGY POWER CO., LTD. (“JINGFENG CLEAN ENERGY”) ANNOUNCED THAT ITS H-SHARE VALUATION PLAN WAS OFFICIALLY EFFECTIVE ON FEBRUARY 2, 2024. The scheme was designed to motivate the company's core backbone and senior management, and on the same day the shares were granted for the first time. Under the plan, a total of 103,062,511 shares were granted with the corresponding number of shares representing 1.25% of the total issued shares. The first issued bank option is priced at RMB 1.39 and has three line options. Incentives include senior executives such as Chairman of the Board, Mr. Zhang Fengyang, Executive Director and General Manager, Mr. Chan Tai Yu. The plan was approved by the Beijing National Assets Supervisory Board and shareholders at the Extraordinary General Meeting. Shareholders and potential investors should exercise caution.