Kim Yu Che city (000803) 24 morning announcement, the company will launch the first phase of restricted stock incentive plan, the incentive plan to grant incentive target restricted stock 6 million 386 thousand and 500 shares, the underlying stocks are RMB A common stock, accounting for 5% of the 127 million 730 thousand and 900 shares of the draft incentive plan and the total share capital of the company.

For the first time, the price was 7.69 yuan / share.

The restricted stock granted for the first time is 12 months after the first grant date, and the sale is restricted in 3 phases. The percentage of each restricted release is 40%, 30% and 30% respectively.