Tian Lun Gas is pleased to announce that the adoption of the Scheme was approved on 26 August 2021. The purposes of the Scheme are to improve the Group’s incentive system, align the interests of Participants with the Group’s interest, and encourage them to create long-term value for the Group and the Shareholders; to attract and motivate professional talents to enhance and promote the Group’s sustainable and healthy development.

Subject to any early termination as may be determined by the Board pursuant to the Scheme Rules, the Scheme shall be valid and effective up till the 10th anniversary date of the Adoption Date. The Board shall not make any further award of Awarded Shares which will result in the aggregate number of the Shares awarded by the Board under the Scheme exceeding 5% of the issued share capital of the Company from time to time.

                                                                                                                                                 Source:Zhitongcaijing