Listed companies are not allowed to implement equity incentives, and there have been cases in which profits have not been distributed according to laws and regulations, articles of association and public commitments in the last 36 months after listing. According to relevant laws and regulations, the essence of incentive is to make employees and enterprises become the same interest subject. Incentive shares have no voting rights.
Legal objectivity:
Interim Measures for Equity and Dividend Incentives of State-owned Science and Technology Enterprises Article 9 An enterprise may adopt one or more methods such as equity sale, equity incentive and equity option to implement equity incentive for the incentive object. Large and medium-sized enterprises are not allowed to use stock option incentives. Enterprise classification standards shall be implemented in accordance with the relevant provisions of the Notice of the National Bureau of Statistics on Printing and Distributing Statistical Classification Methods for Large, Medium and Small Enterprises (No.[20 1 1]75).