Summary by Futu AI
China Railway held its sixth board of directors' fourth meeting on October 30, 2024, with all directors present, and approved multiple resolutions including the 2024 third quarter report. The meeting confirmed the partial unlocking conditions of the 2021 restricted stock incentive plan, agreed to lift restrictions on 640 incentive recipients' restricted stocks. In addition, the meeting passed resolutions to repurchase and cancel some restricted stocks, as well as the 2023 annual compensation redemption plan for leaders and executives. The meeting also reviewed and approved proposals to amend the performance assessment and compensation management methods for unit leaders responsible for the operation of the company. All resolutions were passed unanimously, pledging to announce the content truthfully, accurately, and completely, in compliance with legal requirements.