Verisilicon Microelectronics (Shanghai) Co., Ltd. (688521.SH) announced that the conditions for the initial grant of restricted shares under its "2025 Restricted Stock Incentive Plan (Draft)" have been met. Following authorization from the company's second interim shareholders' meeting in 2025, the board of directors approved the proposal for the initial grant during its sixth meeting on November 6, 2025. The grant date was set as November 6, 2025, with 6.4385 million restricted shares awarded to 1,123 incentive recipients at a price of RMB 84.58 per share.
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