Damai Entertainment Holdings Limited, formerly known as Alibaba Pictures Group Limited, has announced the grant of 96,412,000 Awarded Shares to 73 Selected Employees under its Share Award Scheme. This distribution, finalized on June 24, 2025, is part of the company's ongoing efforts to align employee interests with the long-term growth and profitability of the organization. The issuance of these new shares remains within the scheme mandate limit, ensuring compliance with existing regulations. Following this grant, 1,987,016,990 Shares remain available for future allocation under the scheme.
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