On the 8th, the animal husbandry and King Co., Ltd. for the first time issued a stock options and restricted stock incentive plan (draft), the industry believes that this move will help retain and motivate the best people, stabilize the management team. The obvious difference from the incentives of other companies in the industry is that the incentive plan includes the stock option incentive plan and the restricted stock incentive plan. According to the announcement, the incentive plan intends to grant a total of 13 million rights and benefits to the incentive objects, accounting for 2.27% of the total share capital of the company. Among them, it is proposed that 6.5 million stock options be granted to incentive participants, with 5.9 million first grants and 600,000 reserved shares; and 6.5 million restricted stock companies will be granted to motivated participants, with 5.9 million first grants and 600,000 reserved. Announcement shows that the incentive plan granted stock options exercisable price of 21.73 yuan, the restricted stock grant price of 10.34 yuan. The conditions for the exercise are as follows: Based on the 2010 net profit, the growth rates for 2012-2014 shall not be less than 44%, 72% and 107% respectively, and the ROE shall not be less than 11%, 12% and 13% respectively. Its purpose is to further improve the corporate governance structure of Jiuyou Wang, promote the establishment of the company, perfect the incentive and restraint mechanism, fully mobilize the enthusiasm of the top management and staff of the Company, effectively integrate the interests of the shareholders, the company and the individual interests of the operators so that All parties concerned about the company's long-term development.