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Chaowei Power Holdings Grants Share Options to Directors and Employees

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Chaowei Power Holdings Grants Share Options to Directors and Employees

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Chaowei Power Holdings ( (HK:0951) ) has provided an announcement.

Chaowei Power Holdings Limited announced the grant of 33,675,000 share options under its 2023 Share Option Scheme to certain directors and employees. This move, representing approximately 3.05% of the total shares, aims to incentivize and retain key personnel, aligning with the company’s long-term strategic goals. The options, which have no performance targets for directors, are structured to vest over three years, motivating employees to meet individual performance targets and contribute to the company’s sustainable development.

More about Chaowei Power Holdings

Chaowei Power Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the energy sector. The company focuses on the production and distribution of power-related products and services.

Average Trading Volume: 1,292,329

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.46B

See more data about 0951 stock on TipRanks’ Stock Analysis page.

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