Shandong Fengxiang Co., Ltd. Class H (HK:9977) has released an update.
Shandong Fengxiang Co., Ltd. is proposing amendments to its 2021 and 2023 share award schemes to provide incentives for valuable employees and attract new talent. The proposed changes include allowing the grant of new and existing shares, adopting a Scheme Mandate Limit of 10% of issued shares, and requiring shareholder approval for mandate refreshments. The amendments aim to align with Listing Rules and will be up for approval at the upcoming AGM.
For further insights into HK:9977 stock, check out TipRanks’ Stock Analysis page.
