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打造期权过程1993年华远进行“股份制”改造的时候,它的前身——房地产建设开发公司实际上是一个只有1700万净资产的全民所有制企业。1993年经体改委批准,我们进行了股份制改造。这是第一次产生期权激励机制概念,在做法上采用了“个人股”方式,最终收回个人股资金总额达9900万。第一次股份制改造设定25000万股,按8%的比例设计个人股,根据经理、副经理、
Creating the Options Process In 1993, when Huayuan conducted the “shareholding” reform, its predecessor, Real Estate Development and Development Corporation, was actually a wholly owned enterprise with a net asset of only 17 million. In 1993, approved by the Commission for Restructuring the Economy, we conducted a shareholding system reform. This is the first time that the concept of an option incentive mechanism has been adopted. In practice, a “private equity” approach has been adopted to eventually recover the total amount of personal equity funds of 99 million. The first joint-stock reform set 25000 shares, according to the proportion of 8% of the design of individual stocks, according to the manager, deputy manager,