Yixin Group (DE:1YX) has released an update.
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Yixin Group Limited has announced an Extraordinary General Meeting to be held on June 27, 2024, in Shanghai, where shareholders will vote on the adoption of the 2024 Share Scheme and the grant of 117,000,000 Share Options to Chairman Andy Xuan Zhang. The proposed Share Scheme, if approved, would authorize the grant of awards up to 10% of the company’s outstanding shares. This strategic move aims to incentivize management and align their interests with those of the shareholders.
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