Innovent Biologics to Release 2.08 Million Restricted Shares for Trading on July 18

Market Watcher
15 Jul

Innovent Biologics (688428/09969) announced on July 15 details regarding the vesting outcomes of its 2023 STAR Market restricted stock incentive plan. The second vesting period for initially granted shares and the first vesting period for reserved shares will result in 2.08 million A-shares becoming tradable on July 18, 2025.

According to the disclosure, Innovent Biologics reported robust first-quarter 2025 financial performance, achieving revenue of 381 million yuan with net profit attributable to shareholders reaching 17.97 million yuan. This share release marks a significant milestone in the company's equity incentive program execution.

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