JD Logistics Grants Over 7 Million Employee Shares

JD Logistics, Inc. (HK:2618) has released an update.

JD Logistics, Inc. has announced the issuance of over 7.3 million share awards to its employees, marking approximately 0.11% of the company’s total shares. These shares, granted at a market price of HK$12.80 each, will vest over a period of up to four years, with no performance targets attached. The company has also outlined a clawback mechanism to safeguard against potential misuse or misconduct.

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