Meitu ( (HK:1357) ) has issued an update.
Meitu, Inc. announced the grant of 13,890,324 Share Awards under its Share Award Scheme, representing approximately 0.3% of the total shares in issue. The awards are distributed among employees and service providers, with varying vesting schedules and some linked to performance targets, including a profit performance target of RMB1.1 billion for 2026. This initiative is part of Meitu’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market position.
More about Meitu
Meitu, Inc. is a technology company incorporated in the Cayman Islands and operating in Hong Kong, known for its development of photo, video, and design products. The company focuses on enhancing user experiences through innovative digital media solutions.
YTD Price Performance: 46.22%
Average Trading Volume: 12,304
Technical Sentiment Signal: Sell
Current Market Cap: $3.12B
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