Shenzhen Placo New Materials Co., Ltd. (hereinafter referred to as "the Company") held the 17th meeting of the 4th Board of Directors on June 1, 2026, and approved the proposal regarding the cancellation of certain granted but unvested Class II restricted stocks and the cancellation of certain stock options under the 2023 incentive plan. The specific circumstances are announced as follows:
300811SZSE
Announcement on the Cancellation of Certain Granted but Unvested Class II Restricted Stocks and the Cancellation of Certain Stock Options under the 2023 Incentive Plan
✨ AI Summary
Shenzhen Placo New Materials Co., Ltd. announced the cancellation of 14,959 unvested Class II restricted stocks and 24,554 stock options due to the departure of four incentive plan participants. This decision was approved by the board on June 1, 2026, and does not require shareholder approval. The company states that this action will not materially affect its financial status or the stability of its management team.
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