Huatu Cendes cuts employee stock plan price 29%

Huatu Cendes cut its 2025 employee stock ownership plan purchase price from 45.91 yuan to 32.76 yuan per share, a 29% reduction effective July 15, 2025.

The adjustment follows the company's 2024 profit distribution, which included cash dividends and bonus share distributions.

The restricted stock incentive plan's grant price was also reduced to 32.76 yuan per share, while total restricted shares increased from 2.7 million to 3.8 million shares.