Crystal-Optech plans stock incentive program

Zhejiang Crystal-Optech has announced plans for a restricted stock incentive program, pending shareholder approval, following the 31st meeting of its Sixth Board of Directors. The proposed plan involves granting a total of 500,000 restricted shares to eligible participants, with the initial grant being a one-time allocation with no reserved shares. The board has authorized management to handle necessary procedures, and has set a shareholder meeting for July 21 to discuss and vote on the proposed scheme and other related matters. The plan still requires further review and approval.