Milkground unveils new stock incentive, employee stock ownership plans

Shanghai Milkground Food Tech (SSE:600882) has announced a comprehensive strategy to incentivize executives and core personnel with new equity incentive programs, including a 2025 Stock Option Incentive Plan (Draft) and a 2025 Employee Stock Ownership Plan (ESOP). The stock option plan aims to grant 8 million stock options, representing 1.56% of the company's total share capital, contingent on achieving specified revenue and net profit targets over the next three fiscal years, and will be voted on at the upcoming general meeting. A similar plan will be established for core employees. The proposed offering will see equity awarded at a price to be voted on at the company's meeting in March. To aid with voting, the company board will offer guidance to any shareholder, and vote to empower independent auditor personnel for financial tracking of the proposed plans.