Li Auto, Inc. (LI) has released an update.
Li Auto Inc. has announced that it will implement performance targets for the vesting of restricted share units (RSUs) granted in 2023, aiming to enhance the company’s competitiveness and incentivize grantees. The performance will be appraised using a matrix of indicators, and non-satisfactory results may lead to forfeiture of the RSUs. This amendment has been approved by the company’s Board and Compensation Committee and does not affect other terms of the RSUs.
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