Jingdong Industrials (HKG:7618) granted share awards involving 3.9 million underlying shares to employees and independent non-executive directors under its post-initial public offering share scheme, according to a Wednesday Hong Kong bourse filing.

Shares of the industrial supply chain services provider were down over 1% in Thursday morning trade.

The awards, representing about 0.14% of the company's issued shares, carry no purchase price and will vest over periods of up to four years, with some vesting within 12 months, the filing said.