Short-term Financing Coupons

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China South car to issue 5 billion yuan short fuse

China Southern Car (601766) plans to issue no more than 5 billion yuan short-term financing coupons, the issue period of not more than 365 days, the collection of funds will be used to repay loans and supplementary liquidity. On the same day, the company revised its previous stock options plan. The revised version incorporates the 10 stock options scheme and the first grant into a grant scheme; the effective arrangement of stock options from three to 5 years, 4 years and 3 years, respectively, for the validity period of three instalments is 3 years; it also adds the right constraint: "For the directors and senior managers of the motivating object, Should be no less than 2 of the total awarded ...

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