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Beijing New Building Materials adjusts 2024 stock incentive plan

June 27, 2025 at 05:21 PM UTCBy FilingReader AI

Beijing New Building Materials Public Company (SZSE:000786) has adjusted the initial grant price of its 2024 restricted stock incentive plan from CNY 18.20 to CNY 17.335 per share, following the company's 2024 profit distribution of a CNY 8.65 dividend per 10 shares. The adjustment, approved by the board on June 27, 2025, aligns with the plan's provisions for handling capital changes. The company will grant 11.0275 million restricted shares to 344 eligible executives, senior managers, and core personnel. The grant date is set for June 27, 2025. The plan aims to boost company performance, linking vesting to metrics, including a compound annual growth rate of non-attributable net profit above 14.22% for 2025, among other targets.

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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