FilingReader Intelligence

Sunway Communication exceeds profit target, releases 1.64m shares

August 14, 2025 at 01:39 PM UTC•By FilingReader AI

Shenzhen Sunway Communication released 1.64 million restricted shares at 9.10 yuan per share after exceeding its 2024 net profit growth target.

The company achieved 28.27% net profit growth, surpassing its 25% target and triggering full vesting for eligible employees under its equity incentive plan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Announcement regarding the fulfillment of vesting conditions for the first vesting period of the fourth phase equity incentive planAugust 14, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement regarding the adjustment of the grant price for the fourth phase of the equity incentive planAugust 14, 2025 at 08:00 AM UTC

Shenzhen Sunway Communication

SZSE:300136•Shenzhen Stock Exchange

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