Gonggong News Network·GNN report on April 13: The founder of Wuyi Vision (6651.HK) purchased an additional 7.65 million shares, accounting for approximately 1.8% of the total share capital
April 13th update: Wuyi Vision (6651.HK) officially launched a groundbreaking Employee Stock Ownership Plan (ESOP). Unlike conventional incentive plans in the industry, this plan tightly aligns the CEO’s personal gains with the company's long-term market capitalization goals. It not only conveys management's firm commitment to the physical AI sector but also demonstrates through remuneration restructuring that the CEO is willing to grow alongside the company.
According to the board resolution dated March 25, 2026, the equity grant related to this ESOP has entered the substantive implementation phase. The company has officially initiated the share issuance and allocation process. As the core participant of this incentive plan, CEO Li Yi completed the relevant share allocation on April 13, 2026. The total number of shares allocated in this round was 7,647,619, with corresponding shareholder registration and share certificate issuance procedures being simultaneously advanced.
The core of this ESOP lies in setting clear strategic anchor points: achieving a market capitalization breakthrough of 100 billion Hong Kong dollars before 2030. The achievement of this goal directly determines the CEO’s acquisition of stock incentives and compensation structure. According to the agreement, only by successfully achieving a market capitalization of 100 billion before 2030 can the CEO receive stock incentives equivalent to 10% of the pre-IPO total share capital. This design essentially represents a clear statement by the CEO to deeply tie personal interests with shareholder returns.
At the same time, Wuyi Vision has demonstrated great sincerity in its compensation restraint mechanism. Before achieving the goal of a market value of 100 billion by 2030, the CEO's annual salary is strictly capped at 510,000 Hong Kong dollars. This 'low short-term pay, high long-term incentive' setup completely breaks away from the traditional short-term performance-oriented model. The move to forgo short-term gains and focus on long-term value reflects the management's firm attitude to share risks through locking in long-term incentives and continuously increasing their stake in the company, showcasing their commitment to putting the company before personal interests.
The CEO's confidence to deeply tie personal wealth with the company’s future stems from insights into the prospects of the physical AI industry and faith in the company's core competitiveness. As a leader in the field of physical AI infrastructure, Wuyi Vision possesses a complete technical closed-loop system including synthetic data, world spatial models, and simulation training platforms. Its autonomous driving simulation platform holds a 53.5% market share in the industry, solidly maintaining a leading position. This robust technological barrier and first-mover advantage in vertical scenarios provide substantial business support for achieving the 100-billion market value target.
From the perspective of the capital markets, this extreme top-level binding model is relatively rare in the Hong Kong stock market. It drives the management to transcend the limitations of short-term financial reports and focus more on strategic planning and technological R&D, injecting strong momentum into the sustainable development of the enterprise. For the internal team, the CEO’s exemplary leadership and shared-interest approach will further consolidate team consensus and stimulate employees’ sense of belonging and fighting spirit. Industry insiders generally believe that with the gradual implementation of this plan, Wuyi Vision will continue to strengthen its R&D under the leadership of the management, steadily advancing toward its established vision goal and becoming a benchmark enterprise in the physical AI field during the digital economy era.

Source: Gonggong News Network·GNN
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