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The largest equity in history incentive Great Wall Motor released the 2021 shareholding incentive plan

On May 25, 2021, Great Wall Car officially released “Great Wall Auto Co., Ltd. 2021 Stock Option Incentive Plan (Draft)”, “Great Wall Auto Co., Ltd. 2021 Restricted Stock Incentives”, intend The 8,784 excitation objects were granted 397,100.1 million, and the restricted stocks were granted 4,3184,000 shares to no more than 586 incentives.

As of now, the Great Wall Auto 2020 and 2021 two equity incentives have been granted 10,669 people, accounting for 16.89 percentage of total number of employees of corporate employees. The Great Wall A car is designed to form a new quot; interest community quot; and effectively drive employees quot; workers quot; transition, put quot; do work quot; become QUOT; Danificone ‘s QUOT; and promote the long-term steady development of the company.

The excitation efforts are greater, and the coverage surface is more incentive to account for 16.89% percentage of total employee

Compared to 2020 Great Wall Motors. The first equity incentive plan, the second phase of the equity incentive plan, has increased significantly, the number of incentives and stock options increases, but sales target weights are more challenging.

The second phase of equity incentives use the incentive tools for stock options and restricted stocks, stock sources for Great Wall Automotive to the company A-share ordinary stock stock, the first grant proportion of 80%, Reserved 20%.

Among them, it is proposed to granding 397,100 parts of the stock option, about 4.317 percentage of the total number of companies shares when the draft excitation plan is announced, and 8,784 incentives; Restriction stocks 4,3184 million shares, accounting for 0.469 percentages of the total number of companies shares when the draft incentive plan is announced, and the excitation target does not exceed 586 people.

According to two draft projects, the incentive object included senior management personnel in Great Wall, the company’s controllingSubsidiary directors and senior management, company (including controlled subsidiaries) middle management personnel and core technology (business) backbone. The annification year of the incentive plan is 2021-2023, and the sales assessment target is 149/190/2 million, respectively, and the net profit assessment target is 68/82/1.15 billion, respectively.

rating quot; boost enterprise sustainable development

It is reported that the 2021 equity incentive plan released by Great Wall will be in its company shareholders , A shares and H shares shareholders meeting were reviewed.

According to the draft plan, the purpose of the Great Wall Motors launched this incentive program is to further establish, improve operational mechanism, establish and improve the company and senior management personnel, middle management personnel, and core technology (business) backbone incentive constraint mechanism, Forming quot; interest community quot;, in many ways to promote the continued, robust and rapid development of Great Walls.

Great Wall Auto 2021 Wisdom Factory Marathon Executive Run

Great Wall Car also gives an incentive object by setting challenge goals New pressure and power not only help to enhance the company’s competitiveness, but also help to mobilize the enthusiasm and creativity of the company’s management and core backbone personnel, ensuring the implementation of the company’s future development strategy and business goals, thus creates more lasting for shareholders. prosperous profits. At the same time, large-scale equity incentives, stepped travel programs, and reserved 20% stock options and restricted stocks, also help Great Wall cars attract more excellent management talents and business backbone. Joining, Energy Great Wall Motors absorbed global outstanding talents in various fields, further meeting the huge demand for the core technical talents and management talents, thus inspiring corporate innovation, and injected new motivation for the continued rapid development of enterprises.

In recent years, Great Wall Motors continue to promote talents’ innovation and development, through breaking the qualifications, identifying people in the war, selecting cadres in actual combat, enabling a young senior Managers, and launch quot; 10,000 people plan QUOT; and quot; Global Talent Live Water Plan quot;

The second phase of stock options and restricted stock incentives have been released, indicating that Great Wall cars condense a group of strugglers and careers with common values, and promoting the company’s long-term steady development, achieving interests of all shareholders determination. In the future, I believe that under the courage of long-term incentive mechanism, Great Wall will continue to deepen transformation, to quot; global technology travel company quot; goal accelerates.

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