JXR recommends adopting the 2025 share plan
JXR's board of directors recommends adopting the 2025 share plan, which requires shareholder approval. The plan aims to align the long-term interests of directors and key employees with the company's interests, incentivizing them to drive company growth. The plan includes granting 137,235,000 stock options to management, as well as granting 2.4 million stock options and 1.2 million restricted shares to non-executive grantees
According to the Zhitong Finance APP, JXR (01951) announced that the board of directors has resolved to propose the adoption of the 2025 Share Scheme (which will take effect upon shareholder approval) to further align the long-term interests of its directors and key employees with those of the company and to incentivize them to continue driving the company's growth and development. The 2025 Share Scheme will constitute a share scheme funded through the issuance of new shares in accordance with Chapter 17 of the Listing Rules.
On September 25, 2025, conditional upon the effectiveness of the 2025 Share Scheme, the board of directors resolved (which includes): (i) to grant a total of 137,235,000 share options to management under the 2025 Share Scheme, with the conditional grant to Mr. Dong Yang also requiring conditional approval from independent shareholders at a special general meeting; and (ii) to grant a total of 2.4 million share options and 1.2 million restricted shares to non-executive grantees under the 2025 Share Scheme
