Meitu (HK:1357) has released an update.
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Meitu, Inc. has announced the grant of 368,837 share awards to its employees under its Share Award Scheme, aimed at aligning employee interests with the company and incentivizing performance without specific targets. The shares, to be vested over 24 months, are issued at no purchase cost to the employees and will be satisfied through the issuance of new shares. The initiative is part of Meitu’s efforts to retain talent and acknowledges the contributions of its workforce to the company’s ongoing operations and growth.
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