The draft outlines TCL Technology's employee stock ownership plan aimed at enhancing corporate governance and aligning employee interests with company performance. The plan allows for a maximum funding of 920 million RMB, with up to 21.5 million shares available for purchase. It emphasizes voluntary participation and establishes performance metrics tied to company and individual achievements over a 20-year duration.
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The company and all members of the board guarantee that the content of this stock ownership plan is true, accurate, and complete, with no false records, misleading statements, or significant omissions. Special reminder: The terminology in this section is consistent with the "Definitions" section.
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