Guangdong – Hong Kong Greater Bay Area Holdings Limited (1396) released a supplemental announcement on 1 March 2026, providing further details on its share award scheme. According to the company, a total of 5.16 million Award Shares were granted on 4 February 2026 to seven service providers, comprising five “market development service providers” involving 4.15 million shares and two “technology and R&D service providers” involving 1.01 million shares.
The company stated that “market development service providers” contributed by securing customer orders for the Group and were evaluated based on agreed commission levels, while the “technology and R&D service providers” delivered computing-power networking technology services and R&D support for AI platforms. These functions are considered integral to the Group’s ordinary and usual course of business and long-term growth, encompassing both infrastructure and AI businesses.
This supplemental information clarified that shares were allocated on a case-by-case basis, taking into account factors such as market norms and industry practices. The company also highlighted that the grant of these Award Shares aims to align the interests of the service providers with those of the company and its shareholders.