Wufangzhai: intends to grant 6.9999 million restricted shares to the incentive recipient

Wu Fang Zhai announced that the company plans to implement a restricted stock incentive plan, with a total of 6.9999 million shares to be granted, accounting for 3.55% of the total share capital on the date of the announcement of the plan draft. Among them, director and general manager Ma Jianzhong will be granted 745,800 shares, accounting for 10.65%; deputy general manager Ma Dongda and 6 other senior executives will be granted a total of 1.0906 million shares. Middle management and core staff will be granted 4.6161 million shares, accounting for 65.94%. 714,400 shares will be reserved, accounting for 10.21%, and the reserved incentive recipients will be determined within 12 months after the plan is approved by the shareholders' meeting.