Wens Foodstuff Group Co., Ltd. (300498.SZ) intends to launch the fifth phase of its restricted stock incentive plan.

According to the news from Zhitong Finance APP, Wenshi Co., Ltd. (300498.SZ) has disclosed the draft of the fifth phase of its restricted stock incentive plan, intending to grant a total of 199.21 million restricted stocks to the incentive recipients, accounting for 2.99% of the company's current total share capital. Among these, 181.99 million restricted stocks will be granted in the first tranche, with 17.22 million stocks reserved. The grant price for the restricted stocks is set at 7.46 yuan per share. A total of 6,432 individuals are included as the initial incentive recipients.