Sino-Singapore Jingwei, April 2 (Lin Wansi) On the 2nd, Sino-Singapore Jingwei learned from insiders of Lenovo Group that Yang Yuanqing, chairman and CEO of Lenovo Group, said in Lenovo Group's internal letter for the new fiscal year that Lenovo Group's production line workers After the front-line grassroots employees overcame various difficulties caused by the new crown epidemic and other factors, he

decided to voluntarily give up the long-term incentive of 80 million yuan that the company had granted him earlier, and distributed it to these colleagues as a special reward

.

　　According to the annual report, in the three years from the 2018/19 fiscal year to the 2020/21 fiscal year, Yang Yuanqing's annual salary was US$15.371 million, US$24.663 million and US$26.166 million (equivalent to RMB 97.8072 million, 157 million and 166 million respectively). ).

　　Among them, Yang Yuanqing's long-term incentives were 11.833 million US dollars, 15.041 million US dollars and 18.448 million US dollars (equivalent to RMB 75.2946 million yuan, 95.707 million yuan and 117 million yuan respectively).

　　According to the prospectus of Lenovo Group, the remuneration package of directors and senior management consists of fixed salary, performance bonus and long-term incentive plan.

Long-term incentive plans are paid in the form of a combination of share appreciation rights and restricted stock units.

　　From the perspective of Lenovo's overall employee benefits, from fiscal year 2018/19 to fiscal year 2020/21, Lenovo Group's employee benefit costs were US$4.007 billion, US$4.447 billion and US$5.150 billion (equivalent to RMB 25.497 billion and 28.297 billion respectively). 100 million yuan and 32.77 billion yuan).

Lenovo Group's employees are divided into regular employees and long-term factory contract workers.

From the 2018/19 fiscal year to the 2020/21 fiscal year, Lenovo Group has a total of 57,000 employees, 63,000 and 71,500 employees, and the per capita welfare costs are 447,300 yuan, 449,200 yuan and 458,300 yuan respectively.

　　It is worth noting that Yang Yuanqing has reduced his holdings and cashed out many times at the beginning of the year.

Wind data shows that Yang Yuanqing sold Lenovo shares for 4 consecutive days from January 4 to January 7, 2022, with a total of 18 million shares sold, and a rough estimate of the cumulative cash out of 161 million yuan.

After cashing out, Yang Yuanqing still holds 1.178 billion shares, accounting for about 9.79% of Lenovo Group.