Huitongda Network Co. Ltd. Announces New 2024 H Share Option Scheme Granting 18 Million Options to 39 Grantees

Reuters

May 21, 2025

Huitongda Network Co. Ltd. Announces New 2024 H Share Option Scheme Granting 18 Million Options to 39 Grantees

Huitongda Network Co., Ltd. has unveiled its 2024 H Share Option Scheme, granting a total of 18,000,000 options to 39 selected grantees. This decision, approved by the company's Remuneration and Appraisal Committee on May 21, 2025, is designed to align with specific performance targets. These include the growth rate of net profit attributable to operating units, individual performance evaluation scores, and the sales revenue from new clients acquired with service provider assistance. The scheme also incorporates a clawback mechanism, allowing for the lapse or extension of vesting periods under certain conditions, such as violations of company policies or legal misconduct.

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. Huitongda Network Co. Ltd. published the original content used to generate this news brief on May 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This decision, approved by the company's Remuneration and Appraisal Committee on May 21, 2025, is designed to align with specific performance targets. These include the growth rate of net profit attributable to operating units, individual performance evaluation scores, and the sales revenue from new clients acquired with service provider assistance. The scheme also incorporates a clawback mechanism, allowing for the lapse or extension of vesting periods under certain conditions, such as violations of company policies or legal misconduct.Disclaimer: This news brief was created by Public Technologies  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. 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