FilingReader Intelligence

Aiko Solar to repurchase and cancel restricted stock

July 7, 2025 at 12:08 PM UTCBy FilingReader AI

Shanghai Aiko Solar Energy (SSE:600732) announced it will repurchase and cancel 1,307,061 restricted shares related to its 2022 and 2023 equity incentive plans. This action stems from employee departures and the company's failure to meet its 2024 performance targets. Specifically, the 2024 net profit attributable to shareholders, after deducting non-recurring gains and losses, was CNY -555.3 million, falling short of the plan's objectives.

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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