中国宏光(08646) - 2025 - 年度业绩

Supplementary Announcement Regarding the 2024 Annual Report Introduction to the Supplementary Announcement This announcement provides supplementary details for China Hongguang Holdings Limited's 2024 annual report, specifically on the share option scheme adopted on June 30, 2023, per GEM Listing Rules Chapter 23 - This announcement supplements China Hongguang Holdings Limited's 2024 annual report, providing additional details on the share option scheme adopted on June 30, 2023[2][3] - The supplementary information is provided in accordance with Chapter 23 of the GEM Listing Rules[3] 1. Maximum Number of Shares Available for Grant The share option scheme's authorized limit is 10% of shares issued on the adoption date, with 39,900,000 shares currently available, representing approximately 8.69% of issued shares, and no options granted, exercised, cancelled, or lapsed since adoption Share Option Scheme Authorization Limit and Current Status | Indicator | Value | | :--- | :--- | | Scheme Authorization Limit | 10% of issued shares on adoption date | | Total Shares Available for Grant | 39,900,000 shares | | Percentage of Issued Shares | Approximately 8.69% | | Share Option Activity | No grants, exercises, cancellations, or lapses | 2. Maximum Entitlement for Each Eligible Participant A single eligible participant's total share options and awarded shares within 12 months must not exceed 1% of issued shares; exceeding this requires shareholder approval, with the participant and close associates abstaining from voting - The total number of share options and awarded shares granted to a single eligible participant within any 12-month period must not exceed 1% of the issued shares[5] - Exceeding this limit requires separate approval by shareholders in a general meeting, with the relevant eligible participant and their close associates (or associates) abstaining from voting[5][6] 3. Exercise of Share Options Share options can be exercised at any time within ten years from their offer date, with the Board having discretion to set additional exercise conditions - Share options may be exercised in whole or in part at any time during the option period, provided that such period does not exceed the day immediately preceding the tenth anniversary of the offer date of the relevant share option[7] - The Board may, at its discretion, stipulate any conditions for the exercise of share options in the offer letter[7] 4. Vesting Period Grantees typically must hold options for a minimum period before exercise, but the Board may determine shorter or accelerated vesting periods under specific circumstances - Grantees must hold the share options for a period no less than the minimum vesting period before exercising them[8] - The Board may, at its discretion, determine a vesting period shorter than the minimum period under specific circumstances (e.g., granting "compensatory" options to new hires, termination of employment due to death or uncontrollable events, phased grants for administrative and compliance reasons, blended or accelerated vesting schedules, or performance-linked vesting conditions)[8] 5. Amount Payable Upon Application or Acceptance of Share Options, and Payment/Loan Repayment Period Eligible participants must submit a signed acceptance letter and pay HK$1.00 as consideration for the grant of share options within 30 days from the offer date - The offer acceptance period is thirty (30) days from the offer date[8] - Acceptance of share options requires submitting a duly signed duplicate letter of acceptance of the offer, together with a payment of HK$1.00 payable to the Company[8] 6. Subscription Price of Shares The share option subscription price is determined at the Board's discretion but must not be less than the highest of the closing price on the offer date, the average closing price over the five preceding trading days, and the shares' nominal value - The share subscription price is determined at the Board's sole discretion[9] - The subscription price must not be less than the highest of: (1) the closing price of the shares as stated in the daily quotation sheet of the Stock Exchange on the offer date; (2) the average closing price of the shares as stated in the daily quotation sheets of the Stock Exchange for the five (5) consecutive trading days immediately preceding the offer date; and (3) the nominal value of the shares on the offer date[9] 7. Duration of the Share Option Scheme The share option scheme is valid until June 29, 2033, the day preceding the tenth anniversary of its adoption date; no new options will be granted thereafter, but existing options remain exercisable - The share option scheme is valid and effective until the day immediately preceding the tenth anniversary of June 30, 2023 (the adoption date), which is June 29, 2033[10][11] - No further share options will be granted after this period, but the provisions of the share option scheme will remain in full force and effect to ensure the exercise of any share options granted on or before the termination date[11] Other Important Information This announcement confirms all other annual report information remains unchanged and effective, providing the announcement date, Board member list, and publication channels - Except as disclosed in this announcement, all other information contained in the annual report remains unchanged and continues to be effective[12] - The date of this announcement is September 8, 2025, and lists the executive and independent non-executive directors[13][14] - This announcement will be published on the Stock Exchange's website www.hkexnews.hk and the Company's website www.hongguang.hk[14](index=14&type=chunk)