Tcl shares incentive to release 164 people wearing "golden handcuffs"

January 29, the suspension of 4 trading days TCL Group (000100, the former closing price of 4.00 yuan) finally released its equity incentive draft. The company intends to implement equity incentives to 164 people, the incentive plan for the number of shares in total 86.1236 million shares, such large-scale incentive is also relatively rare.　　However, the stock before the suspension, the trend is quite strong, billboard display agencies and Wuhan local capital flocking into the thought-provoking. 164 people share 86.12 million shares bulletin show that this will be to include Vice Chairman Zheng and a number of vice president of the 14 senior executives and the company's key positions in the core technology (business) staff of the total of 164 people to implement the equity incentive, the incentive plan for the number of shares of the total of 86.1236 million shares, accounting for the company's total capital of 2.03 %, of which the number of shares awarded for the first time is 77.5128 million shares, the first line price is 4.00 yuan, reserving 8.6108 million stock options to be decided by the board of Directors.　　The scheme is valid for 4 years from the authorization date of the stock option, and 3 of the rights of the Bank are 40%, 30% and 30% respectively. And let the market most concerned about the right to the conditions of three parts. In 2011 years, for example, the growth rate of the company's 2011-year operating income is no less than 12% in 2010, and then the net profit of the company in 2011 attributable to the shareholders of the listed company and the net profits after the Non-recurrent profit and loss are no less than 12% of the same-caliber data. In addition, the weighted average net assets yield of 2011 weighted average net asset return and the deduction of non-recurrent profit and loss were not less than 6%.　　The conditions for 2012 and 2013 were no less than 24% and 36% per cent of the first two parts of the data compared to 2010.　　Equity incentive is timely in fact, in the TCL group suspension period, the equity incentive has been the most concentrated market speculation. Recently, the home appliance industry seems to have set off the trend of equity incentive. In mid-December last year, Qingdao Haier (600690, closing at 24.63 Yuan) approved the exercise of its 10% stake in the first phase of the equity incentive scheme launched on May 13, 2009, including Chairman Yang Yanji, vice Chairman Haishan,　　Tan Lixia, 41 qualified executives and core employees can apply for the right as planned.　　Also last December, St Kelon (000921, closing price of 7.25 yuan) also issued the first stage management equity incentive plan, the plan awarded includes Chairman Tang, Vice President Jia Shao, 7 senior executives and 230 middle and backbone staff total 22.9 million stock options, accounting for the company's total capital of 1.69%. There are household appliances industry personage pointed out, the household electrical appliance industry talented person fluidity is big, the implementation equity incentive is not surprising. And last year, TCL because than Skyworth and other brands start slow a beat, in the layout of LED TV has been a "chaser." TCL's multimedia business lost nearly HK $1 billion in the first three quarters of last year, and has been a pain in Tcl's heart. It was then that Li replaced the multimedia director with a view to reorganizing the business, while the newMultimedia Director Zhao is also on the list of equity incentives. "It is estimated that Tcl's performance in 2010 is not necessarily a bright spot, equity incentives may be another way to reflect the company's unsatisfactory performance," said the people, "in fact, from the company's monthly data, led accounted for more and more high, indicating that the company's product structure adjustment is still effective, In addition to the three quarter of this year, TCL panel line production, may be able to bring a turnaround for the company. "Before the suspension of hot money institutions to buy large, TCL group before the suspension of the rally has also provoked a lot of questions."　　Panel shows that the stock in the suspension, the trend has been different from the same industry shares, but also far stronger than the market, from the beginning of January to the stock suspension day, the cumulative rise of more than 17%. Interestingly, in the January 24 before the suspension of trading day, TCL group due to the deviation value is also very rare to board the billboard. Data show that two institutions and three brokerage departments to play the day to buy the main, of which two institutions total bought 49.193 million yuan, accounting for the shares of the total turnover of 10.96%. and 3 sales offices are from Wuhan, which buy the most Guotai Wuhan Ziyang East Road Sales department to 27.9067 million yuan to buy 1 of the purchase amount of the position. and sell 1 of the sales department is also a business department in Wuhan-Yangtze River Securities Wuhan Luo Yu Road sales department, sell the amount of 3.3721 million yuan.