Yuyuan Mart seeks shareholder support for stock plan

Shanghai Yuyuan Tourist Mart Group (SSE:600655) is seeking shareholder approval for its 2025 Restricted Stock Incentive Plan. Independent Director Ni Jing is acting as the solicitor, urging shareholders to vote in favor of the plan at the upcoming March 10, 2025, extraordinary general meeting. The solicitation period is March 4, 2025. The plan aims to improve corporate governance and incentivize management, which the board believes will benefit the company and its shareholders. The independent director supports the plan, citing compliance with regulations and the absence of harm to shareholder interests. Shareholders of record as of March 3, 2025, are eligible to participate in the voting.