FilingReader Intelligence

Zhaowei Machinery unlocks restricted shares worth RMB 1.525bn revenue

August 22, 2025 at 08:52 PM UTCBy FilingReader AI

Shenzhen Zhaowei Machinery&Electronic Company Limited will release 627,850 restricted shares to 119 employees on August 29, 2025, representing 0.26% of total share capital.

The unlock follows the company achieving RMB 1.525 billion in operating revenue for 2024, meeting performance targets under its stock 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

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