Weixing plans to grant 23 million restricted shares
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According to the Zhitong Finance APP, Weixing disclosed the sixth phase of its equity incentive plan (draft), with the number of restricted shares to be granted set at 23 million shares (the number of restricted shares for the initial grant is 20 million shares), and the grant price (including reserves) is set at 5.22 yuan/share. The validity period of this incentive plan is from the date of listing of the restricted shares until all the restricted shares granted to the incentive recipients are fully released from restrictions or repurchased and canceled, lasting no more than 65 months
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