Zhejiang Communications Technology (002061.SZ) granted 73.6632 million shares of restricted stock to 716 incentive recipients.

Zhejiang Communications Technology (002061.SZ) announced that the Board of Directors believes that the conditions for the initial grant of restricted stock under the company's 2024 restricted stock incentive plan have been achieved. In accordance with the authorization given at the first interim shareholders' meeting of 2025, it has been agreed that February 12, 2025 will be the date of the initial grant. A total of 73.6632 million restricted stocks will be granted to 716 eligible incentive recipients at a price of 2.48 yuan per share.