Electric Connector Tech grants restricted stock, executives plan sales

Electric Connector Technology (SZSE:300679) announced the initial grant of 2,362,300 restricted shares to 278 incentive recipients under its 2025 restricted stock incentive plan, priced at CNY 39.86 per share. This follows approval at both the company's Fourth Board of Directors and Fourth Board of Supervisors meetings, as well as the Second Extraordinary General Meeting in April. The grants are contingent upon meeting specified performance targets for fiscal years 2025 and 2026, including growth in operating revenue and net profit.