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Bairong granted 24,395,000 conditional Share Awards to founder, chairman, CEO Zhang Shaofeng, equal to about 6.58% of Class B shares. Vesting ties to market capitalization tiers: HK$ 6 billion to HK$ 10 billion, based on consecutive trading-day averages; final tier needs 183 days. Vesting starts six months after grant,
Bairong AI Inc. conditionally grants 24,395,000 Share Awards to CEO Zhang Shaofeng, vesting only on HK$6B—HK$10B market—cap targets and subject to EGM approval. Awards equal approx. 6.58% of Class B Shares; 24—month lock—up and clawback apply.Material DetailsContext by AI AnalystThis is a governanc…