RECENT NEWS

Infore environment 2016 launched the first phase of the equityincentive plan, to 55 middle managers and core technical backbone to grant stock options 7.08 million, the right price of 12.49 yuan. The right condition for the company 2016-2018 deducted the net profit compared with 2015, the growth rate is not less than 30%, 60% and 100% respectively.

The essence of stock option incentive is to reward the past and inspire the future. In a short span of two years, the talent incentive plan has been intensively introduced, showing the importance to the talents of the shareholders and their core management. Through the incentive plan, on the one hand, it is helpful to perfect the salary structure of the employees, on the basis of fixed and floating salary, to provide the core backbone with the incentive of equity and promote the enthusiasm and stability of employees. On the other hand, it helps to optimize the governance structure and ensure the long-term consistency of management and company interests.

As a fast developing environment-friendly listed company, Infore environment has repeatedly emphasized the three core of itsdevelopment: order-oriented, technical innovation, talent motivation. Order-oriented is responsible for all investors in the company, and is responsible for the shareholders, which is the company's way of survival; The technology innovation is the profit peak environment to the company based on the profession, pursues the sustainable development the root; For the high-speed development of the company, the above two points are dependent on the cultivation of talent and reserves. In this respect, the company has maintained a high degree of strategic concern, and implementation of the listed companies have a variety of talent incentives.

The amount of incentive increases again:Compared with the first option incentive, the total profit of the Infore environment in the year was raised from 1.12% of the total company's share capital to 2.35% of the company's total equity. The incentive is clearly not "little gestures", in addition to a substantial boost to morale, but also completed the enterprise and core staff interests community construction.

Further enlargement of the target and scope of motivation: According to the bulletin, the incentive plan involved a total of 120 people, mainly for the company's senior management, core backbone, environmental protection industry holding subsidiary of the main management personnel and the core backbone (business, engineering, technical personnel). Compared to the first phase of the incentive scheme, the number of grants increased by 50%, the scope of the incentive to further expand, and focus on stimulating the company's main business direction-the field of environmental talent.

Performance assessment requirements for further optimization: During the validity period of this incentive plan, the incentive object will be evaluated in every fiscal year. Incentive object only in one year is to achieve the company's performance appraisal target, where the business unit performance results, and personal performance evaluation under the premise of meet the conditions, can be awarded exercise of stock options. Announcement shows, according to the set of performance indicators of exercise, the listed company environmental interference peak in 2018-2020, the annual net profit after deducting non-recurring gains and losses of the compared with 2017, net profit growth rate is not lower than 30%, 90% and 30% respectively, in 2018-2020, the compound growth rate of net profit of the three years of not less than 37.50%.

Recently infore environmental release peak increases the issue report, issued 73.86 million shares at 8.53 yuan/share price, raising money 630 million yuan, including actual control jian-feng he, bright green measure run subscribed 100 million yuan and 60 million yuan respectively, guangdong constant health capital subscribed for 200 million yuan. Hengjian holdings is the only provincial state-owned capital operation company in guangdong province. It owns southern power grid, CGN, baosteel and other central enterprises, and has rich experience in capital operation, which has maintained a good strategic cooperation relationship with Infore environment, and has multiple business cooperation on waste incineration power generation and other projects. Its capital company as the main participant, the issuance of the company will become the top ten shareholders, state-funded influence is expected to help the peak environment and local governments and the constant health holding cooperation for the development of the main industry. Large environmental protection layout exerting force, the expansion can be accelerated in different places.

At present, the Infore environment has accumulated environmental orders 4.31 billion yuan, involving a variety of subdivision areas, the project is progressing smoothly. Fuyang, Ningling, Liaoyang and other large-scale comprehensive management framework agreement embodies the strength of thegovernment and the market fully recognized. The whole industry chain layout enables the company to provide a more comprehensive, systematic and professional environment comprehensive solution.

Infore Environment released 2017 three quarterly results announcement, its first three quarter to achieve revenue 3.269 billion yuan, the year-on-year increase of 32.94%, net profit of 247 million yuan, the year-on-year increase of 52.14%. Combined with this option incentive, it is still a good time to keep high growth in the future

In 2018, Infore environment is moving forward.