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JD Logistics Grants New Employee Share Awards Under Post-IPO Scheme

Story Highlights
  • JD Logistics granted 1,488,183 new award shares to non-executive employees, equal to about 0.02% of share capital.
  • The awards vest over three months to four years with no performance targets but strict clawback provisions for misconduct.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JD Logistics Grants New Employee Share Awards Under Post-IPO Scheme

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JD Logistics, Inc. ( (HK:2618) ) has provided an announcement.

JD Logistics, Inc. has granted 1,488,183 new award shares under its Post-IPO Share Award Scheme to employees of the group, excluding directors and senior management, representing about 0.02% of its total issued share capital as of the grant date. The awards, granted at no consideration, will vest on a staggered schedule ranging from three months to four years, with a small portion vesting in less than 12 months for administrative reasons and no performance targets attached. The scheme includes a clawback mechanism that allows the company to forfeit unvested awards, cancel vested shares, and reclaim proceeds if an employee is dismissed without notice, convicted of integrity-related crimes, or found to have harmed the group’s interests or reputation, reinforcing governance controls while using equity incentives to retain and motivate staff below senior management level.

The most recent analyst rating on (HK:2618) stock is a Buy with a HK$14.50 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.

More about JD Logistics, Inc.

JD Logistics, Inc. is a Hong Kong–listed logistics services provider operating under the JD.com ecosystem, offering integrated supply chain and logistics solutions to corporate and retail clients. The company focuses on warehousing, transportation, and value-added logistics services across China and increasingly in international markets, supporting e-commerce and omnichannel retail operations.

Average Trading Volume: 8,978,077

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$77.29B

See more data about 2618 stock on TipRanks’ Stock Analysis page.

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