Art Dragon Awards 6.3 million shares to company management

Beijing time, September 19 morning, Art Dragon (Nasdaq:long) announced today, to the company's CEO Cui and other senior executives granted about 6.3 million shares, which is about the equivalent of 3.15 million art Dragon American Depository shares.

The equity rewards aim to further strengthen the links between the senior management of the Arts Dragon and the Art Dragon shareholders, who continue to consolidate the role of Art Dragon as the leader of China Mobile and the online tourism market. According to the Dragon's announcement, the company's CEO, director Cui will receive about 4 million shares of limited shares, art dragon other executives will get the remaining about 2.3 million shares.

"We believe Fuk and his team are working together to successfully build the Dara in the highly competitive Chinese tourism market," said Dala Cosrosasi, CEO of Art Dragon's largest shareholder, Expedia. Thanks to the team's commitment, the market share of the Arts dragon has been growing in competition with its biggest rivals since the first quarter of 2010, and the future market share is expected to continue to grow. ”

"These stock rewards reflect our partnership and help us ensure that the Art Dragon management team is aligned with shareholders ' interests and that they focus on seizing the huge long-term opportunities in the Chinese market," he added. At the same time, the Board also revised the 2009 Stock and annual Incentive scheme (2009 Share and Annual Incentive plan) to raise the authorized stock limit from 12 million shares to 17 million shares.