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Shanghai Chicmax Rewards Employees with New RSU Grants

Shanghai Chicmax Rewards Employees with New RSU Grants

Shanghai Chicmax Cosmetics Co., Ltd. Class H (HK:2145) has released an update.

Shanghai Chicmax Cosmetic Co., Ltd. has announced the second round of restricted share unit (RSU) grants, awarding a total of 31,116 RSUs to two employees as a form of recognition and incentive for their contributions. The RSUs, which represent a mere 0.01% of the company’s total shares, were granted at a nominal price of RMB1.00 per RSU and are subject to performance targets, including an appraisal score of at least 90 points. The vesting of these RSUs occurred on the grant date, reflecting the company’s strategy to retain and motivate key personnel for its long-term success.

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