Addentax Group; approves fully vested stock awards of 1.0 million shares to COO Wu Rui and 183,335 shares to CEO Hong Zhida

Reuters
12 hours ago
Addentax Group; approves fully vested stock awards of 1.0 million shares to COO Wu Rui and 183,335 shares to CEO Hong Zhida
  • Addentax’s board compensation committee approved fully vested common-stock awards under its 2024 Equity Incentive Plan for two executive officers.
  • Wu Rui, chief operating officer, was approved to receive 1,000,000 shares, and Hong Zhida, president and chief executive officer, was approved to receive 183,335 shares.
  • The grant date is expected to be April 8, 2026, and the awards are expected to be fully vested and non-forfeitable on that date.
  • The share amounts will be proportionately adjusted to reflect the company’s 1-for-15 reverse stock split expected to be effective March 30, 2026.


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. Addentax Group Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-013202), on March 27, 2026, and is solely responsible for the information contained therein.

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