The Chinese government is pushing forward with a new round of reforms among the country's state-owned enterprises, with a focus on employee stock ownership.
Shanghai International Port Group is among them.
SIPG chair Chen Xuyuan says they've been working on create stock incentives for the past couple of months.
"Allowing our employees to become shareholders should help the overall development of our company, as well as their salaries. Giving them stock options should inspire more loyalty, and should help the success of our company."
The broader-based reform plans by the government are expected to be approved during the annual sessions of the National People's Congress and the Chinese People's Political Consultative Conference next month.