XINGYE ALLOY Extends Share Award Scheme to 2036, Sets 10% Cap on Awards

Bulletin Express

Apr 17

Xingye Alloy Materials Group Limited (XINGYE ALLOY) has renewed its share award scheme, originally adopted on 18 April 2016, by executing an amended trust deed on 17 April 2026. The move prolongs the scheme’s life by an additional ten years, pushing the expiry to 16 April 2036.

Under the amended terms: 1. Duration: The trustee’s mandate and the scheme itself are extended from 17 April 2026 to 16 April 2036. 2. Award Limit: The aggregate number of shares that can be granted is now capped at 10% of the company’s total issued share capital as at 17 April 2026. 3. Funding Mechanism: Clauses permitting the issuance or allotment of new shares to satisfy awards have been removed. All future awards will be settled exclusively with existing shares.

Because the revised scheme will be funded solely by existing shares, it constitutes a share scheme under Chapter 17 of the Hong Kong Listing Rules but does not involve the issuance of new shares.

All other key provisions of the original scheme and trust deed remain unchanged. The company’s board composition is unchanged, with Mr. HU Changyuan, Mr. HU Minglie and Mr. ZHU Wenjun serving as executive directors, and Mr. CHAI Chaoming, Dr. LOU Dong, Ms. LU Hong and Ms. ZHAO Yan as independent non-executive directors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1130117331"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1130117331\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1130117331?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-17 17:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1130117331","market":"us","top_or_hot":-1,"title":"XINGYE ALLOY Extends Share Award Scheme to 2036, Sets 10% Cap on Awards","media":"Bulletin Express","content":"<p>Xingye Alloy Materials Group Limited (XINGYE ALLOY) has renewed its share award scheme, originally adopted on 18 April 2016, by executing an amended trust deed on 17 April 2026. The move prolongs the scheme’s life by an additional ten years, pushing the expiry to 16 April 2036.</p>\n<p>Under the amended terms:\n1. Duration: The trustee’s mandate and the scheme itself are extended from 17 April 2026 to 16 April 2036.\n2. Award Limit: The aggregate number of shares that can be granted is now capped at 10% of the company’s total issued share capital as at 17 April 2026.\n3. Funding Mechanism: Clauses permitting the issuance or allotment of new shares to satisfy awards have been removed. All future awards will be settled exclusively with existing shares.</p>\n<p>Because the revised scheme will be funded solely by existing shares, it constitutes a share scheme under Chapter 17 of the Hong Kong Listing Rules but does not involve the issuance of new shares.</p>\n<p>All other key provisions of the original scheme and trust deed remain unchanged. The company’s board composition is unchanged, with Mr. HU Changyuan, Mr. HU Minglie and Mr. ZHU Wenjun serving as executive directors, and Mr. CHAI Chaoming, Dr. LOU Dong, Ms. LU Hong and Ms. ZHAO Yan as independent non-executive directors.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XINGYE ALLOY Extends Share Award Scheme to 2036, Sets 10% Cap on Awards</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXINGYE ALLOY Extends Share Award Scheme to 2036, Sets 10% Cap on Awards\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-04-17 17:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Xingye Alloy Materials Group Limited (XINGYE ALLOY) has renewed its share award scheme, originally adopted on 18 April 2016, by executing an amended trust deed on 17 April 2026. The move prolongs the scheme’s life by an additional ten years, pushing the expiry to 16 April 2036.</p>\n<p>Under the amended terms:\n1. Duration: The trustee’s mandate and the scheme itself are extended from 17 April 2026 to 16 April 2036.\n2. Award Limit: The aggregate number of shares that can be granted is now capped at 10% of the company’s total issued share capital as at 17 April 2026.\n3. Funding Mechanism: Clauses permitting the issuance or allotment of new shares to satisfy awards have been removed. All future awards will be settled exclusively with existing shares.</p>\n<p>Because the revised scheme will be funded solely by existing shares, it constitutes a share scheme under Chapter 17 of the Hong Kong Listing Rules but does not involve the issuance of new shares.</p>\n<p>All other key provisions of the original scheme and trust deed remain unchanged. The company’s board composition is unchanged, with Mr. HU Changyuan, Mr. HU Minglie and Mr. ZHU Wenjun serving as executive directors, and Mr. CHAI Chaoming, Dr. LOU Dong, Ms. LU Hong and Ms. ZHAO Yan as independent non-executive directors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00505","symbol_name":"兴业合金","start_time":0,"source_url":"","article_id":"1130117331","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130117331","pubTimestamp":1776416802,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Xingye Alloy Materials Group Limited (XINGYE ALLOY) has renewed its share award scheme, originally adopted on 18 April 2016, by executing an amended trust deed on 17 April 2026. The move prolongs the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00505":"兴业合金"},"translate_title":"兴业合金将股份奖励计划延长至2036年，奖励上限为10%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00505":1},"content_text":"Xingye Alloy Materials Group Limited (XINGYE ALLOY) has renewed its share award scheme, originally adopted on 18 April 2016, by executing an amended trust deed on 17 April 2026. The move prolongs the scheme’s life by an additional ten years, pushing the expiry to 16 April 2036.\nUnder the amended terms:\n1. Duration: The trustee’s mandate and the scheme itself are extended from 17 April 2026 to 16 April 2036.\n2. Award Limit: The aggregate number of shares that can be granted is now capped at 10% of the company’s total issued share capital as at 17 April 2026.\n3. Funding Mechanism: Clauses permitting the issuance or allotment of new shares to satisfy awards have been removed. All future awards will be settled exclusively with existing shares.\nBecause the revised scheme will be funded solely by existing shares, it constitutes a share scheme under Chapter 17 of the Hong Kong Listing Rules but does not involve the issuance of new shares.\nAll other key provisions of the original scheme and trust deed remain unchanged. The company’s board composition is unchanged, with Mr. HU Changyuan, Mr. HU Minglie and Mr. ZHU Wenjun serving as executive directors, and Mr. CHAI Chaoming, Dr. LOU Dong, Ms. LU Hong and Ms. ZHAO Yan as independent non-executive directors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}