WG Tech(SH:603773) Zheng Quan Zhi Xing·2025-07-01 16:07Core Viewpoint - The announcement details the results of the first exercise period of the stock option and restricted stock incentive plan for Jiangxi Woge Optoelectronics Group Co., Ltd, highlighting the number of options exercised and the implications for the company's stock structure and funding. Group 1: Incentive Plan Overview - The total number of stock options available for exercise in the first period is 1,349,400, with the exercise period running from June 29, 2024, to June 28, 2025, and the exercise method being self-exercise [1] - As of June 28, 2025, a total of 724,100 shares have been exercised, representing 53.66% of the total options available for that period [1][8] - The shares obtained through this exercise will be listed for trading on the second trading day after the exercise date [1] Group 2: Decision-Making Process - The decision-making process for the incentive plan involved multiple meetings, including the board and supervisory committee meetings held on June 6, 2023, and the second extraordinary shareholders' meeting on June 26, 2023, where relevant proposals were approved [2][3] - The first grant of stock options and restricted stocks was completed on August 7, 2023, and August 22, 2023, respectively [3] Group 3: Exercise Details - The number of individuals eligible to exercise the stock options in the first period was 17, with 15 individuals completing the exercise and registration by June 28, 2025 [8] - The stock options were issued through a targeted issuance of A-shares to the incentive objects [8] Group 4: Stock Structure Changes - The exercise of stock options resulted in a change in the company's stock structure, with 724,100 shares being registered and transferred, leading to a total of 223,490,233 shares post-exercise [9] - The number of shares with limited sale conditions decreased by 105,300, while the number of unrestricted shares increased by 724,100 [9] Group 5: Fundraising and Financial Impact - The exercise of stock options raised a total of 14,938,183.00 yuan, which will be used to supplement the company's working capital [9] - The exercise results are not expected to have a significant impact on the company's financial status or operating results [11]