Big deal! Lechuang Holdings spends nearly 30 million yuan to encourage employees

In recent months, the cross-border e-commerce industry has been very unstable, with many big sellers being banned. While the ban wave has forced many big sellers in the cross-border industry to reduce their operations and lay off employees, Lechuang Holdings has offered nearly 1.5 million restricted shares to motivate its employees.

According to the announcement released by Lechuang Ergonomics Technology Co., Ltd. , Lechuang Holdings will grant 1,486,825 restricted shares to 84 incentive targets that meet the grant conditions at a grant price of 13.68 yuan per share, accounting for 0.82% of the company's current total share capital.

Among them, the incentive targets include the company's directors, deputy general managers, middle-level management and core backbone personnel . However, the key incentive targets are middle-level and core personnel, accounting for more than 96% of the incentive quota .

This also shows that Lechuang Holdings attaches great importance to middle-level and core personnel. At a time when cross-border talents are rapidly leaving, Lechuang's move can closely integrate the interests of shareholders, companies, and operators, which is conducive to retaining and attracting talents, while also improving the company's competitiveness in the market and standardizing corporate governance.

Currently, the stock price of Lechuang shares is 21.45 yuan per share. If employees buy it at 13.68 yuan per share, it is more than half cheaper, which is equivalent to Lechuang distributing nearly 30 million yuan in benefits. Moreover, Lechuang adopts a self-exercise model, which not only allows employees to choose the exercise time independently, but also greatly reduces the company's tax risks.

The reason why Lechuang is distributing stocks to incentivize employees now is closely related to its outstanding performance in the first half of the year.

According to the 2021 semi-annual report released by Leckey , in the first half of this year, the company achieved operating income of approximately 1.4 billion, an increase of more than 120% over the same period last year. In addition, compared with the same period last year, the net profit attributable to the listed company also increased by 23.25% to more than 84 million.

However, it is worth noting that the net cash flow generated by LESCHOOL from operating activities has decreased significantly, almost halved compared with the same period last year, with a decrease of 58.50%. In addition, LESCHOOL's stock earnings have also fluctuated and decreased compared with the same period last year.

In addition, during the reporting period, the company's main business has not changed, and its main products are still ergonomic workstation series products . Among them, cross-border e-commerce sales revenue increased by 132.45% year-on-year , and independent station sales also increased by 366.42% year-on-year .

At present, Leckey will continue to increase its investment in research and development, further enhance its product strength, and plan its internationalization strategy. It will also continue to invest in and develop cross-border e-commerce models to maintain the company's industry-leading position under this business model.

In recent months, the cross-border e-commerce industry has been very unstable, with many big sellers being banned. While the ban wave has forced many big sellers in the cross-border industry to reduce their operations and lay off employees, Lechuang Holdings has offered nearly 1.5 million restricted shares to motivate its employees.

According to the announcement released by Lechuang Ergonomics Technology Co., Ltd. , Lechuang Holdings will grant 1,486,825 restricted shares to 84 incentive targets that meet the grant conditions at a grant price of 13.68 yuan per share, accounting for 0.82% of the company's current total share capital.

Among them, the incentive targets include the company's directors, deputy general managers, middle-level management and core backbone personnel . However, the key incentive targets are middle-level and core personnel, accounting for more than 96% of the incentive quota .

This also shows that Lechuang Holdings attaches great importance to middle-level and core personnel. At a time when cross-border talents are rapidly leaving, Lechuang's move can closely integrate the interests of shareholders, companies, and operators, which is conducive to retaining and attracting talents, while also improving the company's competitiveness in the market and standardizing corporate governance.

Currently, the stock price of Lechuang shares is 21.45 yuan per share. If employees buy it at 13.68 yuan per share, it is more than half cheaper, which is equivalent to Lechuang distributing nearly 30 million yuan in benefits. Moreover, Lechuang adopts a self-exercise model, which not only allows employees to choose the exercise time independently, but also greatly reduces the company's tax risks.

The reason why Lechuang is distributing stocks to incentivize employees now is closely related to its outstanding performance in the first half of the year.

According to the 2021 semi-annual report released by Lechuang , in the first half of this year, the company achieved operating income of approximately 1.4 billion, an increase of more than 120% over the same period last year. In addition, compared with the same period last year, the net profit attributable to the listed company also increased by 23.25% to more than 84 million;

However, it is worth noting that the net cash flow generated by LESCHOOL from operating activities has decreased significantly, almost halved compared with the same period last year, with a decrease of 58.50%. In addition, LESCHOOL's stock earnings have also fluctuated and decreased compared with the same period last year.

In addition, during the reporting period, the company's main business has not changed, and its main products are still ergonomic workstation series products . Among them, cross-border e-commerce sales revenue increased by 132.45% year-on-year , and independent station sales also increased by 366.42% year-on-year .

At present, Leckey will continue to increase its investment in research and development, further enhance its product strength, and plan its internationalization strategy. It will also continue to invest in and develop cross-border e-commerce models to maintain the company's industry-leading position under this business model.

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