BYD Electronic Fails to Meet First Unlocking Condition for 2025 Share Awards; 30% of Grants to Be Recovered

Bulletin Express

03/27

BYD Electronic (International) Company Limited announced on 27 March 2026 that the first unlocking condition under its 2025 Share Award Scheme was not achieved. As a result, 30% of the underlying shares granted to grantees on 9 July 2025—corresponding to the first unlocking period—will not vest.

The company will instruct the scheme trustee to reclaim the unvested shares at RMB0.00 for potential redistribution in future share-based incentive programmes.

The 2025 Share Award Scheme was adopted on 17 March 2025; this notice marks the first performance test under the plan. No changes to board composition accompanied the announcement.

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As a result, 30% of the underlying shares granted to grantees on 9 July 2025—corresponding to the first unlocking period—will not vest.</p>\n<p>The company will instruct the scheme trustee to reclaim the unvested shares at RMB0.00 for potential redistribution in future share-based incentive programmes.</p>\n<p>The 2025 Share Award Scheme was adopted on 17 March 2025; this notice marks the first performance test under the plan. No changes to board composition accompanied the announcement.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00285","symbol_name":"比亞迪電子","start_time":0,"source_url":"","article_id":"1153369732","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1153369732","pubTimestamp":1774612976,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"BYD Electronic (International) Company Limited announced on 27 March 2026 that the first unlocking condition under its 2025 Share Award Scheme was not achieved. 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