SMIC Releases Equity Incentive Plan Worth 1.351 Billion Yuan
Chinese silicon chip maker SMIC on Monday announced on the official website of the Shanghai Stock Exchange that they decided to grant 67.5352 million restricted shares to 3,944 employees at a price of 20 yuan per share.
According to Chinese media AI Caijing, the total value of stocks is 1.351 billion yuan ($208 million), meaning that each p…
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