FilingReader Intelligence

Sichuan Road & Bridge lifts share restrictions

July 8, 2025 at 10:29 AM UTCBy FilingReader AI

Sichuan Road & Bridge announced that 11,927,160 restricted shares, granted under its 2021 incentive plan, will be released from lock-up on July 14, 2025. This represents the second tranche of shares from the initial grant of the plan to become eligible for trading. The company's board approved the release, confirming that performance conditions for the period have been met. The beneficiaries are 294 employees, and the release will increase the number of freely tradable shares in the company. This stock release is in line with the company's overall incentive strategy, aligning employee interests with company performance.

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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