Fibocom (00638) has announced that its board of directors reviewed and approved proposals on September 4, 2026, to adopt a restricted stock incentive plan for its 2026 A-shares.
The 2026 A-share incentive plan will only become effective after receiving approval from the company's shareholders at a general meeting. Prior to securing such shareholder approval, the company may adjust the terms of the 2026 A-share restricted stock incentive plan in response to requirements from regulatory bodies in mainland China and/or Hong Kong.
On the same date, the board also reviewed and passed resolutions recommending the adoption of a share award plan for its 2026 H-shares. This 2026 H-share award plan is similarly contingent upon shareholder approval at the general meeting and will not take effect until that endorsement is obtained. Before the shareholders' meeting approves the H-share award plan, the company may likewise modify the 2026 H-share plan if mandated by regulators in mainland China and/or Hong Kong.
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