Transsion Holdings Co., Ltd. in Shenzhen (688036.SH) granted 3.43 million restricted shares at a grant price of 48.2 yuan per share.

Shenzhen Transsion Holdings Co., Ltd. (688036.SH) announced that on September 7, 2023, the company held its 25th meeting of the second board of directors. The board of directors approved the proposal on granting reserved restricted shares to the beneficiaries of the 2022 Restricted Stock Incentive Plan. The board of directors believes that the granting conditions of the reserved restricted shares stipulated in the 2022 Restricted Stock Incentive Plan (draft) have been achieved. September 7, 2023 was determined as the grant date, and 3.43 million restricted shares were granted to 224 beneficiaries. The reserved portion of the restricted shares was granted at a price of 48.20 yuan per share.