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The latest announcement is out from Sinotrans ( (HK:0598) ).
Sinotrans Limited announced the first exercise results of the second exercise period under its Share Option Incentive Scheme (Phase I) and the registration of share transfer. A total of 20,431,890 shares were exercised, with the registration date set on 28 March 2025. This development is part of the company’s ongoing efforts to implement its share option incentive scheme, which was initially approved in November 2021. The exercise of these share options reflects the company’s commitment to enhancing shareholder value and aligning the interests of its employees with those of the company, potentially strengthening its market position and stakeholder confidence.
More about Sinotrans
Sinotrans Limited is a joint stock limited company incorporated in the People’s Republic of China, operating in the logistics and transportation industry. The company primarily focuses on providing comprehensive logistics services, including freight forwarding, shipping agency, and warehousing, with a market focus on both domestic and international logistics solutions.
YTD Price Performance: 4.76%
Average Trading Volume: 975
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.78B
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