Weichai Power (02338) published an announcement, considering the company's 2023 A-share restricted stock incentive plan (this incentive...
According to a report from the Zhito Finance APP, Weichai Power (02338) announced that due to the transfer, resignation, and other circumstances of 8 original incentive targets in the company's 2023 A-share restricted stock incentive plan (this incentive plan), the company intends to repurchase and cancel all A-share restricted stocks totaling 1.59 million shares that have been granted but not yet lifted from restriction held by the aforementioned incentive targets, in accordance with the relevant provisions of the company's "2023 A-share Restricted Stock Incentive Plan (Draft)". At the same time, the company plans to cancel 8.9955 million shares of treasury stock in the repurchase special securities account (this treasury stock cancellation) and will handle the relevant cancellation procedures as required (this repurchase cancellation and treasury stock cancellation).