Shenzhen Jintuo Automation Equipment Co., Ltd. (hereinafter referred to as "the Company") announces that the third vesting period of the 2022 Restricted Stock Incentive Plan (hereinafter referred to as "the Incentive Plan") did not meet the performance assessment conditions at the company level, resulting in the cancellation of all restricted stocks for this period. The specific circumstances are as follows:
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Announcement on the Third Vesting Period of the 2022 Restricted Stock Incentive Plan Not Meeting Vesting Conditions and Cancellation of Certain Restricted Stocks
✨ AI Summary
This announcement informs that the third vesting period of the 2022 Restricted Stock Incentive Plan did not meet the performance conditions, resulting in the cancellation of all restricted stocks for this period. A total of 40.8054 million shares will be voided. The decision was approved by the board and will not significantly impact the company's financial status or management stability.
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