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December 17 news, recently, according to the equity incentive plan draft disclosed by Linglong, a total of 295 incentive objects, including directors, senior executives and other key personnel, are to be granted 12.807 million restricted shares, accounting for 1.07% of the total share capital of the company, with the grant price of 10.38 yuan / share. It is understood that in the first half of this year, Linglong tire has implemented and completed the repurchase of 22 million shares for equity incentive. According to the announcement, the restriction period of the incentive plan is 12 months, 24 months and 36 months from the date of completion of the registration of the granting of restricted shares, and the proportion of lifting the ban is 30%, 30% and 40% respectively. Linglong tire said that the purpose of implementing the equity incentive plan is to further establish and improve the company's long-term incentive mechanism, attract and retain outstanding talents, mobilize the enthusiasm of members, combine the interests of all parties, and jointly improve the company's market competitiveness and sustainable development ability. Data shows that in the first three quarters of this year, Linglong tire achieved an operating revenue of 12.509 billion yuan, an increase of 13.26% year on year, and a net profit of 1.214 billion yuan attributable to shareholders of listed companies, an increase of 37.38% year on year. It is reported that up to now, four tire companies have issued equity incentive plans in this year, namely: Aeolus tire, Pulin Chengshan tire, Guizhou tire and Linglong tire.