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wptchampionship| China Biopharmaceutical (01177.HK): Chia Tianqing implements share-based incentive plan

Glonghui May 7 丨 China Biopharmaceutical (01177wptchampionship.HK) Announcementwptchampionship, the board of directors decided to implement a share incentive plan through the company's subsidiary, Chia Tianqing Pharmaceutical Group Co., Ltd.("Chia Tianqing") to encourage core talents who will play an important role in Chia Tianqing's future operation and development. This is the first time since the group went publicwptchampionship, implemented a share incentive plan in Zhengda Tianqing for the first time.

The share-based incentive plan aims to further establish and improve the benefit-sharing mechanism between CP Tianqing and its employees, mobilize employees 'enthusiasm and creativity, improve employee cohesion and CP Tianqing's competitiveness, and promote CP Tianqing's long-term, sustainable and healthy development. The participants in the plan are middle and senior management personnel and professionals at the same level and other personnel that the board of directors of CP Tianqing believes should be motivated by CP Tianqing (including wholly-owned subsidiaries), receive remuneration, sign labor contracts with CP Tianqing (including wholly-owned subsidiaries).

wptchampionship| China Biopharmaceutical (01177.HK): Chia Tianqing implements share-based incentive plan

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