FilingReader Intelligence
JCET fails to meet stock plan goals, cancels options
April 28, 2025 at 05:41 PM UTC•By FilingReader AI
JCET Group (SSE:600584) announced the cancellation of 18,936,442 stock options under its 2022 employee stock ownership plan after the company failed to meet the pre-defined performance targets for the third unlocking period. The targets, based on average operating income growth rate and average non-net profit growth rate for 2024, were not achieved, leading to the cancellation of the options.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Independent financial advisory report of Shanghai Rongzheng Enterprise Consulting Service (Group) Co., Ltd. on matters related to the failure to meet the exercise conditions for the third exercise period of the 2022 stock option incentive plan of Jiangsu Changdian Technology Co., Ltd. and the cancellation of some stock optionsApril 28, 2025 at 10:10 AM UTC
Jiangsu Changdian Technology Co., Ltd. 2025 First Quarter ReportApril 28, 2025 at 10:10 AM UTC
Jiangsu Changdian Technology Co., Ltd.'s announcement on the failure to meet the exercise conditions for the third exercise period of the 2022 stock option incentive plan and the cancellation of some stock optionsApril 28, 2025 at 10:10 AM UTC
SSE:600584•Shanghai Stock Exchange
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