FilingReader Intelligence

NARI Tech to release restricted shares from 2021 plan

March 18, 2025 at 05:49 PM UTCBy FilingReader AI

NARI Technology (SSE:600406) announced that it will release 21,888 restricted shares as part of the first phase of unlocking for its 2021 restricted stock incentive plan. The shares, initially granted under a postponed scheme, will be released to one qualifying incentive recipient. This move, approved by the board on December 23, 2024, follows the fulfillment of the first vesting period conditions. The released shares are slated for listing and trading on March 24, 2025. The company confirmed that all vesting conditions were met, including company-level financial targets for 2022, such as a net asset yield of 15.71% and net profit compound growth rate of 16.51% compared to 2020.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600406Shanghai Stock Exchange

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