Summary by Moomoo AI
Zhongyuan Maritime Transport Holdings Limited (Zhongyuan Hai Control) announced on April 2, 2024 that its Stock Option Incentive Scheme for the first quarter of 2024 has been completed, with a total of 62,065 share options exercised and the completion of the share transfer registration. The shares will be listed on the second trading day after the exercise date. The shares of this subordinated share are RMB A ordinary shares issued by the company to the incentive target. THE INCENTIVES INVOLVED IN THIS SUBORDINATION INCLUDE THE COMPANY'S DIRECTORS AND SENIOR MANAGEMENT, AND THE NEW SHARES FOLLOWING THE EXERCISE DO NOT HAVE A SIGNIFICANT IMPACT ON THE COMPANY'S FINANCIAL CONDITION AND OPERATING RESULTS. Following this change in the company's share capital structure, the unrestricted floating shares increased to 15,957,586,817 shares. The funds raised will be used to supplement the company's cash flow, according to Sino-Long Hoi Holdings.