Konfoong Materials unlocks equity incentive shares after strong performance

Konfoong Materials International will unlock 150,000 restricted shares for 5 employees on August 8, 2025, following strong company performance.

The unlocking follows the company achieving 126.17% operating revenue growth in 2024 compared to 2021, with all 5 recipients achieving "A" performance ratings.

The shares represent 0.0565% of total share capital and are part of the third unlocking period under the company's second phase equity incentive plan.