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Chaowei Power Grants 28.6 Million Share Options Under 2023 Scheme

Story Highlights
  • Chaowei Power granted 28.6 million share options, about 2.59% of its share capital, to directors and employees.
  • The options vest over three years and are exercisable for ten years, aligning staff incentives with long-term shareholder value.
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Chaowei Power Grants 28.6 Million Share Options Under 2023 Scheme

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Chaowei Power Holdings ( (HK:0951) ) just unveiled an update.

Chaowei Power Holdings has granted 28.6 million share options under its 2023 Share Option Scheme to directors and employees, representing about 2.59% of its issued share capital, with 2.35 million options allocated to directors and the chief executive officer and the remaining 26.25 million to other employee participants. The options, exercisable at HK$1.396 per share—aligned with the recent average market price—will vest in stages over three years and be exercisable for up to ten years, underscoring the company’s use of equity-based incentives to align management and staff interests with shareholders and support long-term retention and performance across the group.

The most recent analyst rating on (HK:0951) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Chaowei Power Holdings stock, see the HK:0951 Stock Forecast page.

More about Chaowei Power Holdings

Chaowei Power Holdings Limited is a Hong Kong-listed company engaged in the manufacture and sale of power-related products, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 951. The group employs a broad base of staff across its operations and is controlled by a major shareholder who also serves as its chief executive officer.

Average Trading Volume: 809,313

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.55B

For detailed information about 0951 stock, go to TipRanks’ Stock Analysis page.

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