Suzhou West Deane New Power Electric Co., Ltd.SSE: 603312

(603312)"SUZHOU WEST DEANE NEW POWER ELECTRIC CO., LTD."Announcement on Achievement of Performance Assessment Targets and Expiration of the Second Lock-up Period for the Initial Transfer under the First Employee Stock Ownership Plan

· Issued by Suzhou West Deane New Power Electric Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603312 · · 4 pages · Chinese

Summary by 6ix AI

Suzhou West Deane New Power Electric Co., Ltd. announced the achievement of performance assessment targets and the expiration of the second lock-up period for its first employee stock ownership plan. The filing details the basic situation of the employee stock ownership plan and the arrangements for the lock-up periods. It confirms that the performance assessment indicators for the second lock-up period have been met, allowing for the unlocking of a specific number of shares. The company will manage the subsequent arrangements for the unlocked shares according to market conditions.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/603312suzhou-west-deane-new-power-electric-co-ltdannouncement-on-achievement-of-performance-assessment-targets-and-expiration-of-the-second-lock-up-period-for-the-initial-transfer-under-the-first-employee-stock-ownership-plan

Release

Announcement on Achievement of Performance Assessment Targets and Expiration of the Second Lock-up Period for the Initial Transfer under the First Employee Stock Ownership Plan

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

Suzhou West Deane New Power Electric Co., Ltd. on 6ix

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