STO Express grants restricted shares with aggressive growth targets

STO Express granted 24.8 million restricted shares at 5.353 yuan each to 235 employees, sourced from repurchased stock.

The shares vest over 12 and 24 months, contingent on hitting aggressive performance targets. For 2025, the company must achieve either 12% revenue growth or 30% net profit growth. The 2026 targets are even steeper: 25.4% revenue growth or 56% net profit growth.