Dongling grain and oil to launch 7.1 million stock option incentive plans

NetEase Finance January 19 News dongling Oil Evening announced that the company plans to launch 7.1 million stock options incentive plan, involving the number of shares in the total of 3.47%, the first grant of 6.4 million of the stock options, the right price of 27.55 yuan/shares, reserve stock options 700,000,　　9.09% of the number of tools intended to be granted in this incentive plan.　　The announcement indicated that the target of the project includes the company's management and core business backbone of 40 people, accounting for up to December 31, 2010, the total number of employees 510 people 7.84%. This incentive plan is valid for four years from the authorization date of the Self equity tool.　　After 12 months from the date of authorization of this incentive plan, the incentive object will be divided into three periods in the right of 33%:33%:34% in the right day. The main line of rights: in the period of validity of the incentive plan, 2010 years net profit as the base, 2011-2013 years relative to the 2010 net profit growth rate is not less than 20%, 40%, 60% respectively.　　The weighted average net asset yield for each year of 2011-2013 was no less than 20% per cent. As of January 14, the closing day of the suspension, East Ling Oil reported 27.55 Yuan, Rose 0.95%.