HTSC (06886) announced that according to the provisions of the Incentive Plan, there are individual performance conditions for the incentive targets...
According to the provisions of the Incentive Plan, HTSC (06886) announced that for incentive targets who have not fully met the individual performance conditions and have terminated or terminated their labor relations with the company, the company will repurchase the partially or fully restricted A-share stocks that have been granted but not yet released. Since there are 175 incentive targets who have not fully met the individual performance conditions and have terminated or terminated their labor relations with the company, the company needs to repurchase the partially or fully restricted A-share stocks granted to the aforementioned 175 individuals and cancel them in accordance with the provisions of the Company Law.
This repurchase and cancellation of restricted A-share stocks involves a total of 175 incentive targets, with a total of 2.0826 million shares of A-share restricted stocks to be repurchased and cancelled; after the completion of this repurchase and cancellation, there will be a remaining 13.9259 million shares of A-share restricted stocks in this incentive plan.