Midea Group(SZ:000333) Zheng Quan Zhi Xing·2025-06-12 12:42Core Viewpoint - Midea Group has announced the cancellation of stock options from the fifth stock option incentive plan that were not exercised by the end of the fourth exercise period, affecting a total of 85,000 stock options held by 8 incentive targets [14][15]. Group 1: Stock Option Incentive Plan Details - The fifth stock option incentive plan initially granted 62.08 million stock options to 1,341 incentive targets, with an exercise price set at 57.54 yuan per share [1]. - Adjustments to the exercise price have been made over time, with the initial exercise price changing from 57.54 yuan to 56.34 yuan, and further adjustments occurring in subsequent years [2][4][10]. - The total number of stock options granted has been adjusted multiple times due to changes in the number of eligible incentive targets, resulting in a final count of 5,442 million options after various adjustments [2][5]. Group 2: Cancellation of Unexercised Options - The cancellation of unexercised stock options is in accordance with the relevant regulations and will not materially impact the company's financial status or operational results [14]. - The decision to cancel these options was supported by the board's remuneration and assessment committee, confirming compliance with the company's incentive plan regulations [14][15]. - The specific cancellation involved 85,000 stock options that were not exercised by 8 incentive targets by the deadline of the fourth exercise period [14].