Identify and briefly explain the type of shares the company is planning to issue.

As per the facts given in the case, the company ZX Technology Ltd. is planning to issue Sweat equity shares. "Sweat Equity Shares" mean equity shares issued by the company to employees or directors at a (I) discount or (II) for consideration other than cash for providing know-how or making available right in the nature of intellectual property rights or value additions, by whatever name called.