Folai Xincai announced that the grant conditions stipulated in the company's 2021 restricted stock incentive plan have been fulfilled, and it is agreed that December 9, 2021 will be the first grant date, and 1.9965 million restricted shares will be granted to the incentive object for the first time. The price of restricted stock is 13.45 yuan per share for the first time.
The chairman of the company is Xia Houjun. Mr. Xia Houjun: born in 1970, Chinese nationality, no permanent residence abroad, master's degree, from July 1989 to July 1997, taught at Chengmagang Middle School in Macheng, Hubei Province; from July 1997 to March 1998, he worked in Shanghai Green Stationery Co., Ltd.; from April 1998 to January 2000, he worked in Shanghai Wanru Paper Co., Ltd.; from April 2000 to August 2017, he served as General Manager of Shanghai Sawei and General Manager of Folai spray painting. He once held the position of general manager of Zhejiang Fulai New material Co., Ltd. He has been chairman of the company since June 2009.
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