DL HOLDINGS GP (01709) plans to launch the second phase of the program, establishing a new incentive stock pool with a target of up to 40 million shares.

DL Holdings GP (01709) has announced that the company will adopt a restricted stock incentive plan for 2025. Following the completion of the initial phase which awarded 30 million shares, the company plans to launch the second phase by setting a new target of up to 40 million shares for the incentive stock pool. The purpose of this second phase is to motivate the company's directors, senior management, and employees, in recognition of their ongoing efforts and contributions to the group's development and future achievements. The board believes that the additional target of 40 million shares in the second phase incentive stock pool demonstrates the company's strong commitment to investing in its human capital, and further enhances the company's ability to attract, retain, and motivate key talent (including directors, senior management, and employees). By aligning the interests of management and employees with those of the company and its shareholders, the plan helps to foster a culture of ownership, accountability, and long-term value creation. Furthermore, the board will regularly review and have full discretion to determine the number of shares to be granted to selected participants according to the terms of the plan, as well as the number of shares to be purchased from the market.