Cnsig Inner Mongolia to release 4.6m restricted shares
Cnsig Inner Mongolia Chemical Industry has announced that 4,612,662 restricted shares from its 2021 Equity Incentive Plan will be released from their second restriction period and listed for circulation on June 30, 2025. This represents 0.31% of the company's total share capital. The decision, made at the company’s board meeting on June 18, 2025, follows the satisfaction of the vesting conditions outlined in the incentive plan. The shares were granted to 337 eligible recipients. The company also stated that it met the performance targets set for the second vesting period, including a weighted average return on net assets of 11.65% and a compound annual growth rate of net profit of 35.87% relative to 2020. The Economic Value Added (EVA) also met the targets set by Sinochem Group.
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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