Tianfu Communication announced that on October 8, 2026, it granted 2.2769 million Class II restricted shares to 740 incentive recipients at a grant price of 119.5 yuan per share, representing 0.2087% of the company's total share capital. The grant conditions for this incentive plan have been met. Due to the departure of five incentive recipients, the number of grantees was adjusted from 745 to 740, and the number of granted shares was adjusted from 2.2887 million to 2.2769 million. The total estimated equity expense for the grant is 346 million yuan, which will be recognized in installments from 2026 to 2030. The performance assessment targets require net profit growth in 2027, 2028, and 2029 compared with 2025 to be no less than 150%, 400%, and 700%, respectively.
Suzhou TFC Optical Communication Co LtdTianfu Communication (Suzhou TFC Optical) granted 2.2769M restricted shares to 740 recipients with ambitious 2027-2029 net profit growth targets of 150%/400%/700% vs 2025, signaling strong management confidence.
