Longfor's major shareholders donate 100 million shares to employee trusts to incentivize key talent

NightAirdropper · 2026-03-30T11:19:40+00:00

Longfor Group's major shareholders have committed to donate 100 million shares to an employee trust at no cost, to incentivize core talent to make the right choices based on long-term value during industry downturns. This initiative aims to strengthen confidence in the company's long-term development and support the achievement of mid- to long-term strategic goals.

NightAirdropper

2026-03-30 11:19:40

Abstract generation in progress

Beijing News Shell Finance reported (Reporter Xu Qian). On March 30, Longfor Group Holdings Limited (hereinafter referred to as “Longfor Group”) released an announcement regarding the no-consideration donation of shares by the company’s major shareholders to an employee trust.

The announcement shows that the company’s major shareholders, Charm Talent International Limited and Junson Development International Limited, respectively committed to make no-consideration donations of 60 million shares and 40 million shares (totaling 100 million shares) to an employee trust. The donation is intended to recognize and motivate Longfor Group’s core talent who, during industry downturn cycles, consistently make the right choices by firmly basing decisions on the company’s long-term value.

The shares donated by the major shareholders at no consideration will be included in Longfor Group’s “restricted share incentive plan,” and must comply with the restriction rules under the plan regarding grant and vesting. This donation arrangement reflects the major shareholders’ confidence in and support for the company’s long-term development. It is intended to further strengthen the long-term orientation of core talent and help achieve the company’s medium- to long-term strategic objectives.

Editor: Yang Juanjuan

Proofreader: Yang Lili

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