In response to an investor asking whether this year’s equity-incentive target represents a 50% YoY increase, Shenghong Technology said management set performance targets after weighing industry trends, market competition, the company’s development plan and customer order visibility. The company said the targets reflect confidence while remaining challenging; management and the core team are firmly confident of meeting them and will pursue measures — optimizing product mix, improving product yiel

In response to an investor asking whether this year’s equity-incentive target represents a 50% YoY increase, Shenghong Technology said management set performance targets after weighing industry trends, market competition, the company’s development plan and customer order visibility. The company said the targets reflect confidence while remaining challenging; management and the core team are firmly confident of meeting them and will pursue measures — optimizing product mix, improving product yields and delivery capability, and diversifying the customer base — to drive sustained improvement in operating quality and results.