FilingReader Intelligence
Sanhua Controls unlocks 7.3m incentive shares after strong performance
July 28, 2025 at 05:41 PM UTC•By 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
SZSE:002050•Shenzhen Stock Exchange
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