WuXi XDC Cayman Rewards Employees with Stock Grants

WuXi XDC Cayman, Inc. (HK:2268) has released an update.

WuXi XDC Cayman, Inc. has announced the grant of 290,000 restricted shares to four of its employees under the 2024 Share Scheme, with the vesting period spread across the second to fifth anniversaries of the grant date. The shares are issued at no cost, aiming to motivate and reward the employees for their performance and potential. The grant is in compliance with the company’s customary remuneration practices and does not require shareholder approval.

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