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Shanghai Chicmax Grants Fifth Round of Restricted Share Units to Key Employees

Story Highlights
  • Shanghai Chicmax granted 25,519 restricted share units to five employees, equal to 0.01 percent of its share capital, with most units vesting immediately after tax to align staff with shareholder interests.
  • The company set a shorter vesting period and tied RSU vesting to high performance appraisals, using the incentive scheme to reward past contributions and strengthen long-term growth and retention of key personnel.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanghai Chicmax Grants Fifth Round of Restricted Share Units to Key Employees

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Shanghai Chicmax Cosmetics Co., Ltd. Class H ( (HK:2145) ) has shared an announcement.

Shanghai Chicmax Cosmetic Co., Ltd. has executed a fifth-round grant of restricted share units, issuing 25,519 RSUs to five Group employees, equivalent to about 0.01% of its outstanding share capital. The RSUs, priced at RMB1.00 per unit against a market price of HK$52.70 per share on the grant date, are structured so that 21,340 units vest immediately after tax, aligning employee interests with shareholder value.

The Remuneration Committee framed the same-day vesting and sub-12-month vesting period as a targeted tool to recognize past contributions and secure future commitment from key staff. Vesting remains conditional on stringent performance criteria, including a minimum performance appraisal score of 90 in the preceding financial year, underscoring the company’s use of equity incentives to reinforce performance culture and support long-term growth of the Group.

The most recent analyst rating on (HK:2145) stock is a Hold with a HK$74.00 price target. To see the full list of analyst forecasts on Shanghai Chicmax Cosmetics Co., Ltd. Class H stock, see the HK:2145 Stock Forecast page.

More about Shanghai Chicmax Cosmetics Co., Ltd. Class H

Shanghai Chicmax Cosmetic Co., Ltd. is a China-incorporated cosmetics company listed in Hong Kong, operating through a group structure focused on beauty and personal care products. The Group relies on equity-based incentive schemes, such as restricted share units, to attract, retain and motivate key employees in a competitive consumer and cosmetics market.

Average Trading Volume: 1,299,782

Technical Sentiment Signal: Sell

Current Market Cap: HK$21.28B

Find detailed analytics on 2145 stock on TipRanks’ Stock Analysis page.

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