Fangsheng Pharmaceutical: The company has always valued talent incentives, and establishing and improving long-term incentive mechanisms is an important measure to ensure the company's achievement of its strategic goals.

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Securities Daily, March 10 — Fangsheng Pharmaceutical stated during a recent inquiry that the company has always valued talent incentives. Establishing and improving a long-term incentive mechanism is an important measure to ensure the company’s strategic goals. The company has developed the “Long-term Incentive System for Core Talents” to guide the design and implementation of its talent strategy. The restricted stock incentive plan implemented in 2022 has been completed, and new incentive plans are currently under ongoing planning and review. The specific plans will be formulated based on the company’s future strategy, development plans, and market conditions. If new incentive plans are introduced in the future, the company will strictly comply with relevant laws and regulations and fulfill its disclosure obligations in a timely manner.

(Editor: Ren Shibi)

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