---
title: "China Qinfa Grants 75.5 Million Share Options Tied to Coal Output Targets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285932639.md"
description: "China Qinfa Group Ltd. has granted 75.5 million share options to eligible employees under its 2018 scheme, exercisable at HK$3.07 per share from May 2029 to May 2036. The options vest in four equal tranches, contingent on meeting production targets at PT. Sumber Daya Energi and the timely start of production at PT. Trisula Sumber Energi. A clawback mechanism will cause unvested options to lapse if performance goals are unmet or if employees leave, aligning incentives with long-term coal output growth."
datetime: "2026-05-11T11:13:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285932639.md)
  - [en](https://longbridge.com/en/news/285932639.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285932639.md)
---

# China Qinfa Grants 75.5 Million Share Options Tied to Coal Output Targets

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The latest announcement is out from China Qinfa Group Ltd. ( (HK:0866) ).

China Qinfa Group Limited has granted 75.5 million share options under its 2018 share option scheme to certain eligible employees, exercisable at HK$3.07 per share from May 2029 to May 2036. Each grantee pays a nominal consideration upon acceptance, and the options are structured to align management incentives with long-term share price performance.

The options will vest in four equal tranches of 25%, subject to employees remaining with the group and meeting detailed production targets at PT. Sumber Daya Energi between 2026 and 2028, as well as the timely commencement of production at the PT. Trisula Sumber Energi mine 1. A clawback mechanism will cause unvested options to lapse if performance goals are not met or if employees leave, tying equity rewards directly to operational milestones and future coal output growth.

**More about China Qinfa Group Ltd.**

China Qinfa Group Limited is a Cayman Islands-incorporated company listed in Hong Kong that operates in the coal sector. The group is involved in coal production and related energy activities, including operations at mines such as PT. Sumber Daya Energi and PT. Trisula Sumber Energi, highlighting its focus on raw coal output and mine development in its portfolio.

**Average Trading Volume:** 12,965,613

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$7.7B

For a thorough assessment of 0866 stock, go to TipRanks’ Stock Analysis page.

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