FilingReader Intelligence

Sanhua Controls unlocks 7.3m incentive shares after strong performance

July 28, 2025 at 05:41 PM UTCBy FilingReader AI

Zhejiang Sanhua Intelligent Controls will release 7,252,500 restricted shares to 1,844 employees on July 30, 2025, after meeting performance criteria under its 2024 incentive plan.

The company achieved a weighted average net asset return of 17.42%, exceeding its 17% target. All qualifying participants received A, B, or C performance ratings, enabling 100% release of their eligible shares.

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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