Guofu Innovation (00290) announced that the company conditionally adopted a share option plan at the company's annual shareholders' meeting held on September 2, 2021 to motivate selected participants and reward them for their contributions to the group. As of the date of this announcement, the Company has granted 91.5 million share options to the Group's directors and employees, and there are still 30,800 share options that can be further granted under the share option plan.
In order to recognize and recognize the contributions that eligible participants (including but not limited to Group employees) have made or may make to the Group, and to provide rewards to eligible participants, the Company suggests adopting a share award scheme. According to the share award scheme, it is valid for 10 years from the date of adoption, and the reward shares will be paid by allocating and issuing new shares to the trustee; and/or the trustee buys existing shares in the market.