China Qinfa clarifies vesting schedule for 75.50 million share options granted in May 2026

Bulletin Express
05/13

China Qinfa Group Limited has issued a supplemental announcement detailing the vesting timetable for the 75.50 million share options granted on 11 May 2026.

All options will become vested and exercisable on 11 May 2029, contingent on the achievement of the performance targets specified in the initial grant notice. Only those tranches whose targets are met by that date will vest; any tranche failing to meet its targets will lapse.

No other terms of the original grant have been amended, and all previously disclosed information remains in effect.

The clarification was released in compliance with Rule 17.06B(7) of the Hong Kong Listing Rules and was authorized by the company’s board, chaired by Mr. Xu Da.

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