China Risun Group transfers shares for employee award plan
China Risun Group Limited reported a change in its treasury shares, moving 15,000,000 shares to a trustee for its Share Award Plan. This transfer, executed on October 6, 2025, represents 0.35044% of the company's existing issued shares (excluding treasury shares) prior to the event. The shares, valued at HKD 0 per share for the transfer, are intended for future grantees upon the vesting of awards.
Following this transaction, the company's number of issued shares (excluding treasury shares) increased to 4,295,352,000, while treasury shares decreased to 158,834,000. The total number of issued shares remained constant at 4,454,186,000. The Share Award Plan, adopted on May 30, 2025, aims to incentivize employees through equity-based awards.
The transfer involved Superb Wealth Enterprises Limited, wholly owned by Vistra Trust (Hong Kong) Limited, acting as the trustee. This move ensures the shares are held in trust for future distribution as part of the company's compensation strategy.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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