Yili Co., Ltd. (600887) 065438+1October 3 1 2008 announced that due to the implementation of the stock option incentive plan, according to the relevant provisions of the Accounting Standards for Enterprises No.65438 +0 1 Share Payment, the cost of equity instruments should be recognized in the current period, resulting in the company's 2008. According to public information, in the company's equity incentive plan, Pan Gang, chairman of Yili, got150,000 shares, accounting for 30% of all stock options. After the exercise, its underlying shares accounted for 29.043% of the company's total share capital, three senior executives, Hu Liping, Zhao Chengxia and Liu Chunhai, each received 5 million stock options, and other core business backbones received 20 million shares.
In the first three quarters of 2007, Yili achieved a net profit of 330 million yuan. Due to normal business activities can not offset the negative impact of accounting treatment of equity incentives, Yili's annual loss in 2007 is inevitable. At the same time, it is worth noting that in 2007, due to the sharp rise in the prices of raw materials such as raw milk, the industry profits further declined. According to authoritative industry sources, after 2007 1 1, almost all dairy industries were at a loss. According to industry analysis, Yili has made a strategic production capacity layout, but the production capacity completed at the end of 2006 has not been greatly reflected in the sales revenue in 2007. Due to the long industrial chain of dairy industry, dairy processing enterprises are caught between the rising price of raw milk in the upstream and the fierce competition in the downstream consumer market. Judging from the overall situation of the whole industry, the company's future growth will slow down.