According to Sine Electric's announcement, the company reviewed and passed the 2023 restricted shares bill to grant the scrapped portion, which has not yet been vested, and a total of 768,560 shares have been scrapped this time. Of these, 6 incentive recipients left their jobs and 63,200 shares were scrapped; since 2025 revenue and net profit did not meet the company-level performance assessment targets for the third vesting period, 48 incentive recipients were granted 595,360 shares for the first time, and the 11 incentive recipients were reserved for 110,000 shares. After this abolition, the 2023 Restricted Stock Incentive Plan was implemented.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.