Kuaishou Technology Class B (HK:1024) has released an update.
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Kuaishou Technology has granted over 11 million restricted share units (RSUs) to eligible employees as part of its 2023 Share Incentive Scheme. This initiative aims to align employee interests with the company’s long-term growth and profitability by offering shares or cash at no purchase cost upon vesting. The RSUs have a flexible vesting period of up to 48 months, with no performance targets, encouraging employee retention and contribution.
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