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Flat Glass Group Co ( (HK:6865) ) has issued an announcement.
Flat Glass Group Co., Ltd. announced the termination of its 2021 A Share Option Incentive Scheme due to significant changes in its internal and external environment, which hindered the achievement of expected incentive goals. The decision aims to better motivate the core team and protect the interests of employees and shareholders. The termination is compliant with relevant laws and will not materially impact the company’s operations or financial condition. The company will proceed with the cancellation of 3,147,284 outstanding share options and will not adopt another incentive scheme within three months of the announcement.
More about Flat Glass Group Co
Flat Glass Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the glass industry. The company is listed on the Stock Exchange of Hong Kong and focuses on producing and providing various glass products.
YTD Price Performance: -24.65%
Average Trading Volume: 500
Technical Sentiment Signal: Buy
Current Market Cap: $4.29B
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