中文

Gigalight Completes the First Employee Stock Ownership Plan

Date: 2019-01-08 14904 Tags: Gigalight , ESOP , Employee Stock Ownership Plan

Shenzhen, China, January 8, 2019 – Gigalight successfully completed the first batch of the equity incentive plan after rigorous selection.

Recently, according to the "Company Law", "Securities Law", and with reference to the "Interim Measures for Equity and Dividend Incentives for State-owned Enterprises in Science and Technology Enterprises", Gigalight successfully completed the first batch of the equity incentive plan after rigorous selection. The first batch of incentive shares were mainly awarded to dozens of grassroots supervisors who have been in the company for more than ten years and core R&D personnel who have made great contributions to the company's technological development. The company's medium and senior management personnel are basically on the incentive list. Wuhan Gigalight Technology Center, which was established only for more than a year, has been awarded equity incentives for 3 employees due to breakthroughs in integrated device R&D and coherent technology.

"The mountain does not deny a grain of dust, so it can be so high; every drop of water in the sea will be absorbed, so it can be so deep." All the grassroots backbones joined Gigalight before a few decades which finally have a clear return and an opportunity to start again. Gigalight has insisted on positioning and is committed to creating optical interconnect middleware. So far, it has finally formed a variety of technologies and products including optical active devices, optical passive components, data center active optical cables, and coherent optical communications.

At the beginning of the spring of 2019 and the booming of 5G, Wuhan Gigalight Technology Center, Shenzhen Technology Center and the company's marketing center are expecting you to join us, and achieving the grand breakthrough of the next five-year optical communication business in the Gigalight.

About GIGALIGHT

As a global design innovator in the field of optical interconnection hardware, GIGALIGHT integrates the design, manufacturing and sales of active and passive optical components and subsystems, and provides customers with comprehensive and innovatively designed high-speed optical interconnection hardware solutions. The product lines cover optical transceivers, passive optical components, coherent optical modules and subsystems. The key range of services include data centers, 5G bearer networks, metro WDM transmission, ultra-high-definition broadcast video and other application fields.