FilingReader Intelligence
CMST Development cancels 4.9m restricted shares over unmet goals
August 18, 2025 at 05:13 PM UTC•By FilingReader AI
CMST Development announced the cancellation of 4.9 million restricted shares affecting 124 incentive recipients. The action follows the company's failure to meet performance targets for the third period of its 2024 incentive plan, plus three employee retirements.
The cancellation will be completed by August 21, 2025, leaving zero remaining restricted shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600787•Shanghai Stock Exchange
News Alerts
Get instant email alerts when CMST Development publishes news
Free account required • Unsubscribe anytime