CHABAIDAO Plans New H-Shared Ownership Scheme for 2026

Stock News08-28 12:28

CHABAIDAO (02555) has announced that its board of directors has resolved to propose the adoption of a new 2026 H-Share Incentive Plan during a board meeting held on August 28, 2026.

The proposed plan is designed to achieve several key objectives: attracting, incentivizing, and retaining eligible participants who are vital to the group's long-term growth and success, as well as recognizing and rewarding their past contributions. It also aims to encourage these participants to further contribute to the company, enhance the value of the company and its shares for the benefit of all shareholders, strengthen the company's long-term compensation incentive strategy, and align the interests of eligible participants with those of the company and its shareholders to drive the group's long-term performance across financial, business, and operational dimensions.

To facilitate the implementation of the 2026 H-Share Incentive Plan, the board has proposed that, subject to shareholder approval at an extraordinary general meeting, shareholders will also authorize the board and/or authorized persons to handle all related matters of the plan in full discretion.

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