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Jiangxi Rimag Grants 6.13 Million H Shares to Staff Under Performance-Based Award Scheme

Story Highlights
  • Jiangxi Rimag will grant 6.13 million existing H shares to 51 employees, including directors.
  • Awards vest by late 2026 with performance targets, tiered prices and a strict clawback, without new share issuance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jiangxi Rimag Grants 6.13 Million H Shares to Staff Under Performance-Based Award Scheme

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Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ) has issued an announcement.

Jiangxi Rimag Group Co., Ltd. has approved a grant of 6,130,000 existing H shares, equal to 1.55% of its issued share capital (excluding treasury shares), to 51 employees under its previously adopted share award scheme, including four directors and three supervisors of significant subsidiaries. The awards, sourced entirely from H shares purchased on the market by a trustee, will vest by November 30, 2026 subject to individual performance targets, differentiated vesting prices for two employee categories, and a clawback mechanism allowing the company to forfeit vested shares or related benefits if grantees damage the company’s core interests or cause legal, economic, or reputational harm, thereby aligning management and staff incentives more closely with shareholder value without diluting existing share capital.

The most recent analyst rating on (HK:2522) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Jiangxi Rimag Group Co., Ltd. Class H stock, see the HK:2522 Stock Forecast page.

More about Jiangxi Rimag Group Co., Ltd. Class H

Jiangxi Rimag Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong via H shares. The group operates through multiple subsidiaries, with its management and key personnel holding H shares that trade on the open market, reflecting a corporate governance structure aligned with Hong Kong capital market practices.

Average Trading Volume: 11,846,438

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.45B

For a thorough assessment of 2522 stock, go to TipRanks’ Stock Analysis page.

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