Youzu Interactive employee stock plan fails performance targets

Youzu Interactive's third employee stock ownership plan failed to meet performance targets, triggering the sale of 6.17 million shares worth 40% of the plan's holdings.

The plan required 2024 revenue of at least 40.24 billion yuan or net profit of 5.50 billion yuan. However, Youzu Interactive achieved only 1.43 billion yuan in revenue and posted a net loss of 3.86 billion yuan.

The company will now sell the affected shares and return proceeds to employee participants, covering their initial investments plus interest.