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SANVO Fine Chemicals Announces Share Awards to Employees

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SANVO Fine Chemicals Announces Share Awards to Employees

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SANVO Fine Chemicals Group Limited ( (HK:0301) ) just unveiled an update.

SANVO Fine Chemicals Group Limited has announced the grant of 8,835,300 award shares to 157 employees under its 2023 Share Award Scheme. This initiative aims to incentivize employees, with shares vesting by November 2026, provided continuous employment is maintained. The grant does not include performance targets but has a clawback mechanism for specific misconduct, potentially impacting employee retention and motivation strategies.

The most recent analyst rating on (HK:0301) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on SANVO Fine Chemicals Group Limited stock, see the HK:0301 Stock Forecast page.

More about SANVO Fine Chemicals Group Limited

SANVO Fine Chemicals Group Limited operates in the fine chemicals industry, focusing on the production and distribution of chemical products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 584,240

Technical Sentiment Signal: Buy

Current Market Cap: HK$592.8M

For detailed information about 0301 stock, go to TipRanks’ Stock Analysis page.

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