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Wang Zhen in the air conditioning industry under the strong and constant and strong competition, second-tier brands are trying to catch up, Pescod Holdings Limited (00449.HK, hereinafter referred to as "Chi-high") again in option team punches. Pescod 23rd bulletin disclosed that day granted 750 million stock options to management, it isPescod implementation option for the second time. Pescod Secretary Mr Edmond Leung, 25th, told the China business news (Twitter) press conference came as a new year of frozen and Pescod development goals of the air conditioning just clear the next five years, that is, with 5-10 of the time, at an average annual growth rate of 30%,Build a $ 100 billion in sales enterprise, so implement the option incentive program, to inspire confidence in the management of and fighting spirit. The Pescod options granted to management, representing about the company's total share capital of 8.9%. About two-thirds of which 51 million shares granted seven directors of the company. Pescod Board of DirectorsLi Xinghao, Chairman, Chief (microblogging) granted 8 million share options, remaining option grant of one-third company senior managers. Edmond Leung says, is different from the first option, this option for a period of seven years, far longer than the last three years, aimed at giving the company's core team of mindDedicated to medium and long term development of the company. Since these options at grant cannot exercise the first two years, will not be diluted Pescod shares.����In the second to fifth years may be granted 30% options; the fifth to seventh year, you can grant the remaining 70% of the options. This option sold for $ 0.45 in Hong KongYuan slightly higher than five before grant date ITL high 0.399 HK share price.����First half of this year, Chi high turnover of 5.5294 billion yuan, an increase of 18.6%, profits were recorded losses due to sharp reduction in government subsidies of $ 13.31 million. Allwin Advisory Dean Zhang YanbinWhen interviewed by this reporter the analysis, Pescod air condition now in the challengers position, previous midea, gree leads, Pescod and Haier's comparison in close proximity, if through hard work, there are opportunities to catch up with Haier. Therefore, Pescod through stock ownership incentive, arouse the enthusiasm of management, and now the stock marketDownturn and release option, timing is better.