The Zhitong Finance App learned that China Wantian Holdings (01854) rose more than 6%, surging 144% since June '23. As of press release, it had risen 6.14% to HK$1.21, with a turnover of HK$1.39 million.
According to the news, China Wantian Holdings recently announced that the company adopted the 2016 share option plan on September 26, 2016. The period of validity is 10 years from the date of adoption, but it can be terminated early. Other than the 2016 share option plan, the company has no surviving share plans that have not expired on the date of this announcement.
The purpose of the 2024 share option plan is to provide eligible participants with an opportunity to obtain all of the company's rights and encourage eligible participants to work to enhance the value of the company and its shares to benefit the overall interests of the company and its shareholders; to motivate eligible participants to contribute to the success of the group's business; and to provide the company with flexible ways to retain, motivate, reward, compensation and/or provide benefits to eligible participants.