FilingReader Intelligence

Ultrapower Software exceeds profit target by 163%

July 18, 2025 at 05:23 PM UTCBy FilingReader AI

Beijing Ultrapower Software achieved 163.46% net profit growth in 2024, far exceeding its 25% target of RMB 130.1 million over 2022 levels.

The strong performance triggered the vesting of 4.6 million restricted shares for 17 employees under the company's 2023 stock incentive plan, with the vesting price adjusted to RMB 4.84 per share.

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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