Analysis of BYD Zero Cost Shareholding Incentive Plan

Abstract

As a matter of fact, with the continuous entry of new energy into the market, the competition among new energy enterprises has gradually increased. In this case, each new energy enterprise continues to maintain its own original interests and open up a wider market through the reform of the company and financial structure and the implementation of various incentive plans. BYD, as a rapidly rising domestic new energy vehicle, has also made corresponding plan adjustments in recent years. With this in mind, we combined different reference materials and data, through the comparison of BYD company in different periods, to BYD 2022 new proposed "zero cost" employee stock ownership incentive plan to make an analysis. According to the analysis of its implementation motivation, the relationship between decision-makers and shareholders, the effect of implementation and other aspects of the corresponding conclusions and revelation. Overall, these results shed light on guiding further exploration of shareholding incentive plan.