Luyuan Group Announces Grant of 6.35 Million Post-IPO Share Options in New Compensation Plan
Luyuan Group Holding (Cayman) Ltd. has announced new compensation terms under its Post-IPO Share Scheme. The company has granted 42,666,700 shares available for further grant under the Post-IPO Scheme Mandate Limit. Additionally, a total of 4,266,670 new shares are designated for Post-IPO Awards specifically for Post-IPO Service Provider Participants. This announcement underscores the company's commitment to its shareholders and service providers. The distribution includes notable allocations to executive directors and relatives of controlling shareholders, such as Ms. Ni Boyuan and Mr. Chen Guosheng, each receiving significant shares as part of the new plan.
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