Wens Foodstuff Group Co Ltd Adjusts Stock Incentive Plan

On June 27, 2025, Wens Foodstuff Group Co Ltd (Shenzhen Stock Exchange: 300498) announced an adjustment to the grant price of its fourth restricted stock incentive plan. The initial and reserved grant prices have been revised from 9.95 CNY per share to 9.5 CNY per share. This adjustment is based on the company’s cash dividend situation in 2024.

Key Details:

  • Grant Price Adjustment: The grant price for the fourth restricted stock incentive plan has been reduced to 9.5 CNY per share.
  • Legal Opinions: The company has received legal opinions from Beijing Jia Yuan Law Firm regarding the adjustment of the grant price, the achievement of vesting conditions for the second vesting period of the first-time granted portion, and the invalidation of certain unvested restricted stocks.
  • Board Resolutions: The fifth board meeting of the company has passed resolutions related to the adjustment of the grant price and other related matters.

Company Overview:

Wens Foodstuff Group Co Ltd, headquartered in Yunfu, China, is a leading livestock and poultry farming company. It offers a wide range of fresh meat products, processed items, and biopharmaceutical products. The company is also involved in breeding sea fishes, providing environmental control equipment, and exporting biopharmaceutical products to countries in the Middle East and Southeast Asia.

Market Performance:

As of June 26, 2025, the closing price of Wens Foodstuff Group Co Ltd was 17.03 CNY. The company’s market capitalization stands at approximately 110.79 billion CNY, with a price-to-earnings ratio of 9.10.

Recent Developments:

  • The company has also announced the invalidation of certain unvested restricted stocks from the fourth incentive plan.
  • Legal opinions have been provided regarding the achievement of unlocking conditions for the second lock-in period of the 2023 Employee Stock Ownership Plan.

Conclusion:

Wens Foodstuff Group Co Ltd continues to make strategic adjustments to its stock incentive plans, reflecting its commitment to aligning shareholder and employee interests. The company remains a significant player in the consumer staples sector, with a diverse portfolio of products and services.