FilingReader Intelligence

Zhongsheng Pharma cancels 1.6m shares after performance targets missed

July 30, 2025 at 05:41 PM UTCBy FilingReader AI

Guangdong Zhongsheng Pharmaceutical repurchased and cancelled 1.6 million restricted shares at 4.78 yuan each, totaling 7.8 million yuan.

The buyback occurred after the company's 2024 performance failed to meet conditions for its 2022 incentive plan, reducing total share capital to 849.9 million 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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