FilingReader Intelligence
Ultrapower Software exceeds profit target by 163%
July 18, 2025 at 05:23 PM UTC•By 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
Supplementary Source Documents
Announcement on the fulfillment of the vesting conditions for the second vesting period of the company's 2023 restricted stock incentive planJuly 18, 2025 at 08:00 AM UTC
Legal opinion from Beijing Zhong Lun Law Firm regarding the adjustment of the grant price and the fulfillment of vesting conditions for the second vesting period of Beijing Ultrapower Software Co., Ltd.'s 2023 restricted stock incentive plan.July 18, 2025 at 08:00 AM UTC
Announcement of resolutions from the second meeting of the ninth board of directorsJuly 18, 2025 at 08:00 AM UTC
Announcement regarding the adjustment of the grant price for the 2023 restricted stock incentive planJuly 18, 2025 at 08:00 AM UTC
Verification opinion of the board of directors' remuneration and assessment committee on the vesting list for the second vesting period of the company's 2023 restricted stock incentive planJuly 18, 2025 at 08:00 AM UTC
SZSE:300002•Shenzhen Stock Exchange
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