China Security & Fire Co., Ltd., held the 18th Meeting of the 9th Board and 13th Meeting of Supervisors Committee on February 24, 2016. At the Directors Meeting, “Resolution on China Security & Fire’s Stock Option Incentive Plan (Draft) and its Summary” and “Resolution on Appointment of China Security & Fire’s Deputy General Manager” were passed, among other resolutions. In the Supervisors Meeting, “Resolution on China Security & Fire’s Stock Option Incentive Plan (Draft) and its Summary”, and “Resolution on Supplementing Supervisors and Chairman of Supervisors Committee” were passed, among other resolutions.

According to the draft stock incentive plan, China Security & Fire has proposed granting 3,850 stock options to 473 employees, which include managers, core technology staff and other key employees in China Security & Fire and its subsidiaries. This stock option plan will not only be beneficial for China Security & Fire’s future growth, but will also ensure its development strategy and operational objectives.

Right row Chairman: Tu Guoshen (3rd from the right); Directors: Zhou Xia (2nd from the right), Wu Qiaomin (4th from the right), Board Secretary and Fu Xin (1st from the right) Left row Supervisors: Jin Lei (3rd from the left), Wang Yike (4th from the left), Tan Ying (2nd from the left) and Chen Ya’nan (1st from the left).

About China Security & Fire Co., Ltd. (Ticker: SH600654)

China Security & Fire has a registered capital of over RMB1.2 billion, has over 7,000 employees, and brings together many famous Chinese and international system integration companies, security operation companies and manufacturing companies for smart security products. Its business range covers system integration, operation services and product manufacturing. China Security & Fire is committed to becoming a world-class comprehensive security operator and integrator for smart city systems globally.