WUSHANG GROUP(SZ:000501)2022-12-08 09:22Group 1: Equity Incentive Plan - The company is implementing a restricted stock incentive plan to enhance the motivation of mid-level management and core personnel, aligning with national and local reform initiatives [1] - The plan involves issuing 2,495.2 shares of common stock at a grant price of 6.80 CNY per share, with specific conditions for granting and unlocking detailed in company announcements [2] - The management acknowledges significant pressure to meet performance targets under the incentive plan due to the current economic downturn and intense industry competition [2] Group 2: Development Projects - The Huangshi Shopping Center is set to open on September 29, 2014, while the Qingshan Zhongyuan Plaza will open on November 29, 2014 [2] - The Wushang Honghe Valley Shopping Plaza has commenced construction and is expected to open by the end of 2015, following approval from the board on August 21, 2014 [2] - The Wushang Jingmen Shopping Center has signed a strategic framework agreement, with construction anticipated to start in 2015 and opening in 2017 [2] Group 3: Market Strategy - The Xiantao Shopping Center, which opened last year, is focusing on supporting and promoting sales of major brands, with targeted management strategies to capture market share and enhance local competitiveness [2]