FilingReader Intelligence

Red Avenue New Materials to cancel restricted stock

February 20, 2025 at 11:28 AM UTCBy FilingReader AI

Red Avenue New Materials Group (SSE:603650) is set to cancel 83,334 restricted shares, involving three incentive recipients, as part of its 2023 restricted stock incentive plan. This decision follows resolutions passed during the company's board meetings in August, October, and December 2024, due to employee departures and role adjustments. The cancellation is scheduled for February 24, 2025.

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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