SINOTRANS(601598) 证券之星·2025-03-31 10:29Core Viewpoint - The announcement details the results of the second exercise period of the stock option incentive plan for China National Freight Forwarding Co., Ltd., highlighting the number of shares exercised and the relevant procedures [1][8]. Summary by Sections Decision Procedures and Information Disclosure - The stock option incentive plan was approved by the board and supervisory committee, with independent opinions provided by independent directors [1][2]. - The plan was publicly disclosed from January 7 to January 16, 2022, with no objections received [2]. Stock Option Exercise Details - A total of 20,431,890 shares were exercised during this period, with the exercise date set for March 28, 2025 [1][8]. - The exercise price was adjusted multiple times, with the final price set at 3.475 yuan per share [4][6]. Participants and Share Distribution - The exercise involved 164 participants, with a total of 20,431,890 shares being transferred [7][8]. - The breakdown of shares exercised by key executives and other participants was provided, showing a significant portion exercised by other incentive objects [7]. Stock Source and Capital Structure - The shares exercised were sourced from the company's repurchased A-shares, ensuring no change in the total share capital [7][8]. - The total number of unrestricted shares remained unchanged at 7,294,216,875 shares post-exercise [7][8]. Financial Impact - The exercise of stock options will not affect the company's total share capital or significantly impact its financial status and operating results [9].