JD Logistics Inc. Announces New Share Award Plan Granting Over 9 Million Shares to Employees

Reuters
2025/07/01
JD Logistics Inc. Announces New Share Award Plan Granting Over 9 Million Shares to Employees

JD Logistics Inc., a company incorporated in the Cayman Islands and listed on the Main Board of the Stock Exchange of Hong Kong, announced on July 1, 2025, the grant of 9,361,882 Award Shares under its Post-IPO Share Award Scheme. These Award Shares, representing approximately 0.14% of the company's total issued Shares, were allocated to employees within the Group, excluding Directors and senior management. The grant follows the company's scheme mandate limit, which allows for up to 3% of the total issued Shares to be granted annually without requiring Shareholders' approval. After this allocation, 438,777,068 Award Shares remain available for future grants under the current scheme. JD Logistics will adhere to the new Chapter 17 of the Listing Rules as per the transitional arrangements applicable to existing share schemes.

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. JD Logistics Inc. published the original content used to generate this news brief on July 01, 2025, and is solely responsible for the information contained therein.

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