Yidu Tech, Inc. (HK:2158) has released an update.
Yidu Tech Inc. has announced the grant of 6,895,600 new shares to 130 recipients, including employees and service providers, under its Post-IPO Share Award Scheme. The awarded shares, which represent roughly 0.65% of the company’s total issued shares, will vest over periods ranging from less than 12 months to three years, with vesting contingent on meeting the company’s performance targets. This move aims to incentivize long-term contribution and align with the company’s strategic goals.
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