Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2026-01-18 14:02Core Viewpoint - Jerry Holdings has introduced an innovative talent incentive plan, offering up to 20 million yuan in interest-free loans to core technical talents and industry experts to support their investment in emerging business areas, which has sparked market interest in new talent binding models [2][4][14]. Group 1: Loan Details - The total loan amount is capped at 20 million yuan, with a maximum individual loan of 800,000 yuan and a repayment period of up to 6 years [4][5]. - The loan is strictly limited to specific high-end groups, excluding related parties and individuals with credit issues, and can cover a maximum of 25 employees out of 7,098 total [4][5]. - The funds must be used for investments in emerging business areas, differing from previous employee loan programs for housing [4][5]. Group 2: Employee Concerns - Many employees express concerns about the debt risk associated with the plan, particularly the obligation to repay the principal even if the project incurs losses [2][14]. - The average pre-tax income for employees in 2024 is projected at 189,100 yuan, which raises concerns about the repayment burden, as even lower loan amounts could significantly impact their disposable income [8][13]. Group 3: Financial Performance - Jerry Holdings is a leading player in the domestic oil and gas equipment and services sector, with projected revenues of 13.35 billion yuan in 2024, despite a slight decline from 13.91 billion yuan in 2023 [6]. - The company is expected to achieve a net profit of 2.62 billion yuan in 2024, reflecting a year-on-year growth of 7.03%, marking three consecutive years of positive growth [6]. Group 4: Market Reactions - The market response to the incentive plan is mixed, with some industry professionals questioning the rationale behind offering interest-free loans instead of direct investments by the company [14][15]. - Experts have differing opinions on the plan's effectiveness, with some viewing it as a risk transfer to employees, while others see it as a flexible and practical approach to employee incentives [3][15].