Zhejiang Supor's Q3 revenue falls, repurchases shares, eyes incentives
Zhejiang Supor reported a 2.30% decrease in Q3 2025 operating revenue to 5.42bn yuan, with net profit attributable to shareholders down 13.42% to 426.22m yuan. The company will repurchase and cancel 173,787 restricted shares at 1 yuan per share from its 2022 equity incentive plan due to unattained performance targets. This represents 0.02% of the total share capital.
Additionally, 279 eligible employees will unlock 450,088 restricted shares from the 2022 incentive plan. The first vesting period for the 2023 stock option incentive plan has been achieved, allowing 53 beneficiaries to exercise 480,780 stock options at 36.49 yuan per share. However, 56,720 unexercisable stock options will be canceled due to unmet performance targets.
The company will also distribute 22.9m yuan in performance incentive funds for 2023 to 285 eligible employees. These measures, approved by the board and supervisory board, are set to be discussed at the second extraordinary general meeting on November 10, 2025.
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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