Abstract On the evening of June 28, Yu Diamond (300064) announced that the company decided to terminate the stock option incentive plan. The company said that since the company's board of directors reviewed and approved the equity incentive plan in 2010, the macroeconomic situation and capital market environment at home and abroad have undergone major changes...
On the evening of June 28, Yu Diamond (300064) announced that the company decided to terminate the stock option incentive plan. The company said that since the board of directors reviewed and approved the equity incentive plan in 2010, the macroeconomic situation and capital market environment at home and abroad have undergone major changes. The overall trend is still unclear. At the same time, the company's share price is lower than the exercise price. The incentive plan will be difficult to achieve the expected incentive effect. In addition, the company's stock option incentive plan has only 6 incentives, which does not meet the incentive needs. Therefore, it was decided to terminate the company's stock option incentive plan.
Yu Diamond said that the termination of the stock option incentive plan will reduce the company's expenses for stock options in 2013 by RMB 9,048,000, which will not have a material impact on the company's financial status and operating results. After the implementation of this equity incentive plan, the company will fully consider the market situation and the company's situation, and continue to study and launch other effective incentives.
WENZHOU DIYE VALVE&FITTINGS CO.,LTD , https://www.diye-valve.com