Freelynet(SH:603602) Zheng Quan Zhi Xing·2025-05-23 11:05Core Viewpoint - The announcement details the results of the second exercise period of the 2022 stock option incentive plan for Hangzhou Zongheng Communication Co., Ltd, including the number of shares listed and the exercise process [1][2][3]. Group 1: Stock Option Incentive Plan - The stock option incentive plan involves the issuance of 90,000 shares, with the listing date set for May 29, 2025 [1]. - The plan was approved through a board meeting, with independent directors and the supervisory board providing their consent and verification [1][2]. - A total of 6.83 million stock options were granted to 49 incentive objects on the initial grant date, with 6.71 million options actually registered for 48 individuals [3]. Group 2: Exercise and Registration Details - The second exercise period saw one individual exercising 90,000 options, representing 1.12% of the total options granted and 0.04% of the total share capital before the exercise [6]. - The stock options were sourced from the company's directed issuance of A-shares to the incentive objects [6]. - The total number of shares before the exercise was 229,248,293, which increased to 229,338,293 after the exercise [7]. Group 3: Financial Impact and Fundraising - The funds raised from this exercise amounted to 1,076,400.00 RMB, which is not expected to significantly impact the company's financial status or operational results [8].