First Service Holding Ltd. has announced updates to its Share Option Scheme, as detailed in a supplemental announcement related to the company's annual report for the year ended 31 December 2024. Under the revised terms, participants in the scheme are required to pay HK$1.00 as consideration for the acceptance of an option granted to them. Additionally, the performance guarantee associated with the Jiuhuashan Acquisition specifies that Mr. Bai Ding and Dalian Chunhui must ensure that the Target Company's revenue reaches RMB90 million annually during the Second Performance Undertaking Period. The company confirmed that this revenue target was achieved for the year ending 31 December 2024.
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