Yu Diamond launched the draft equity incentive

Abstract Yu Diamond (300064) today launched a draft equity incentive for executives. The company intends to award 2.72 million stock options to incentive targets, accounting for 1.79% of the current company's total share capital. The incentives involved in the incentive plan include the company’s deputy director...

Yu Diamond (300064) today launched a draft equity incentive for executives. The company intends to award 2.72 million stock options to incentive targets, accounting for 1.79% of the current company's total share capital.

The incentive targets involved in the incentive plan include 7 senior executives such as the company's vice chairman, general manager and deputy general manager. The exercise price is 25.84 yuan, that is, after the exercise conditions are met, each stock option granted by the incentive object can be 25.84 yuan. The price of buying a diamond diamond A shares. The waiting period for stock options is 24 months.

The exercise conditions are divided into three exercise periods. During the period of 2012-2014, the annual net profit growth rate for 2009 is not less than 200%, 300%, and 400%, respectively; the return on net assets is not less than 12 %, 13%, 14%.

At the same time, the company announced that it plans to use the over-raised funds of 174 million yuan to invest in an annual investment of 340 million carats of high-grade synthetic diamonds. The main construction contents are new new synthetic diamond production equipment and workshops and supporting industrial plants, air-conditioning ventilation, testing and other facilities. .

Expanded metal is made first by creating multiple slits in the sheet, and then stretching the sheet. The stretching creates a unique diamond pattern opening with one of the strands protruding at a slight angle. These raised strands can be flattened later in the process if desired. Instead of punching, it reduces scrap metal waste and makes it cost-effective.
It is made of various materials and typically used for screening, ventilating or security as a guard. Also used in decoration, construction, filtration, medical product, chemical industry--As customer`s requirement, it also can be painted with the color you need.

Features:
Weight is light enough for outer wall hanging 
Anti-corrosive
Rainstorm or isolation won't hurt
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Easily fabricated, finished, installed and formed 

Expanded Wire Mesh

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