China General Education Group Ltd. Announces New Compensation Plan with RSU Scheme Details

Reuters
06-10
China General Education Group Ltd. Announces New Compensation Plan with RSU Scheme Details

China General Education Group Ltd. has announced an update to their restricted share unit (RSU) scheme as detailed in their 2024 Annual Report. The RSU Scheme, which was adopted on January 12, 2022, is set to remain in effect until January 12, 2032. Under the terms of the scheme, the Board of the Company will determine the purchase price for any awarded shares if required. Additionally, if a Grant Consideration is necessary, it must be paid by the selected participants in full, as specified in the Grant Notice, or the RSU award will lapse. This scheme is aimed at aligning the interests of the Company and its stakeholders with long-term growth and success.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China General Education Group Ltd. published the original content used to generate this news brief on June 10, 2025, and is solely responsible for the information contained therein.

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