China Baoan launches 75 million share incentive plan

NetEase Finance February 17, China Bao ' an 17th evening issued a notice, to be awarded the company 195 employees 75 million stock options, accounting for the company's total share capital 1.09 billion shares of 6.88%, the right price of 14.60 yuan/share. A total of 195 participants were awarded the stock option, including 9 directors and senior management staff.　　The shareholder meeting of the company has passed the equity incentive plan. Ping An securities 17th published an inquiry, said that China Baoan in recent years has gradually established three main business, stripping losses. Company Survival Exhibition Objectives clear, strategic structure gradually clear, High-tech, real estate and bio-medicine for China Baoan three major business sectors. In recent years, through the strategic adjustment of its business, High-tech Industries in the company's income accounted for gradually increased. And said that China Baoan is the existing listed companies in the new energy distribution is the most complete and profitable enterprises. Ping An securities is expected to China Baoan 2010, 2011 Earnings per share of 0.45 yuan (real estate 0.29 yuan, medicine 0.09 yuan, new energy 0.07 yuan), 0.75 yuan (real estate 0.49 yuan, medicine 0.11 yuan, new energy 0.15 yuan). According to our survey of three major business in Bao ' An of China, we think its reasonable value is 30.4 yuan in the next year. Its composition is: 30.4 Yuan =13.92 (real estate) +4.3 (medicine) +11.8 (new Energy) +0.33 (other).　　Maintain a "strongly recommended" investment rating. The unit 17th Gaokaigao Walk, rapid overall, the report closed at 22.94 Yuan.