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Haier Smart Home Cancels Share Options Amid Performance Shortfall

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Haier Smart Home Cancels Share Options Amid Performance Shortfall

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An announcement from Haier Smart Home Co., Ltd. Class H ( (HK:6690) ) is now available.

Haier Smart Home Co., Ltd. announced the cancellation of certain share options under its 2021 and 2022 A Share Option Incentive Schemes. This decision was driven by participants no longer meeting incentive conditions due to resignations or position changes, as well as the company’s failure to meet specific performance targets. The cancellation affects a total of 9,652,135 options, reflecting the company’s commitment to maintaining alignment between its performance and incentive structures, which could impact stakeholder confidence and the company’s strategic goals.

More about Haier Smart Home Co., Ltd. Class H

Haier Smart Home Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the home appliances industry. The company focuses on the development and manufacturing of smart home products and solutions, aiming to enhance consumer experiences through innovative technology.

YTD Price Performance: -18.55%

Average Trading Volume: 24,894,467

Technical Sentiment Signal: Buy

Current Market Cap: HK$233.8B

For detailed information about 6690 stock, go to TipRanks’ Stock Analysis page.

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