Loongson Technology Corporation grants 530,862 restricted shares to 100 core employees.

date
26/09/2025
On September 26, 2025, Loongson Technology Co., Ltd. announced the allocation of restricted stock incentive plan by the Board of Directors. This incentive plan is targeting 100 key employees, who were granted a total of 530,862 shares of restricted stock, accounting for 100.00% of the total number of restricted stocks granted, and 0.13% of the total equity of the company on the announcement date of this incentive plan. At the same time, the company stipulates that no single incentive recipient shall be granted company stocks exceeding 1% of the total share capital, and the total number of underlying stocks involved in all valid incentive plans shall not exceed 20% of the total equity of the company at the time of submission to the shareholders' meeting. The incentive recipients do not include specific shareholders, relatives of the actual controllers, independent directors, and foreign employees.