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Great Wall Motor Announces Results of 2023 Incentive Schemes

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Great Wall Motor Announces Results of 2023 Incentive Schemes

The latest announcement is out from Great Wall Motor Co ( (HK:2333) ).

Great Wall Motor Company Limited announced the results of its 2023 Restricted Share Incentive Scheme and Share Option Incentive Scheme, which involved the granting of restricted shares and share options to selected participants. A total of 5,575,000 restricted shares were granted to 94 participants, primarily management and core technical staff, at a grant price of RMB12.74 per share, while share options were issued at an exercise price of RMB25.47 per share. This initiative is part of the company’s strategy to incentivize key personnel and align their interests with the company’s long-term growth objectives.

More about Great Wall Motor Co

Great Wall Motor Company Limited is a joint stock company incorporated in the People’s Republic of China, primarily operating in the automotive industry. The company focuses on the production and sale of motor vehicles, including SUVs, passenger cars, and trucks, with a significant market presence in China and expanding international operations.

YTD Price Performance: -3.01%

Average Trading Volume: 8,403

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $25.45B

For an in-depth examination of 2333 stock, go to TipRanks’ Stock Analysis page.

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