261 employees will receive 75 million options

Bao ' An (000009) announced its draft equity incentive, the company plans to grant 261 employees no more than 75 million share options (6.88% of the total share capital), the right price of 14.6 yuan/shares, valid for up to 6 years. According to the draft, the incentive to exercise the approved stock options should be in addition to the following performance evaluation indicators: 2010 NET assets yield is not less than 6.5%, the first line of power period 2010 years of net profit growth of not less than 20%; the second right period 2011 net assets yield is not less than 7%, 2011 net profit compared to 2009 growth of not less than 44%, the third line of power in 2012 net assets yield is not less than 7.5%, 2012 net profit than 2009 growth of not less than 73%; the fourth right period 2013 net assets yield is not less than 8%,　　2013 net profit compared to 2009 growth of not less than 107%, the fifth line of power period 2014 net assets yield is not less than 8.5%, 2014 net profit compared to 2009 growth of less than 149%. Among the incentive targets are the Chairman and President of the Board, Chen, the executive vice chairman of the board, Churen, the executive vice chairman of the board and the CEO Chen Taiquan, 9 directors and senior managers, who have been granted options ranging from 2 million to 5 million shares.