Jiangsu Hongtian Technology(SH:603800) Zheng Quan Zhi Xing·2025-07-17 08:07Core Viewpoint - Jiangsu Hongtian Technology Co., Ltd. announced the cancellation of a total of 1,110,900 stock options due to the departure of 7 incentive targets and the failure to meet performance targets for the first exercise period of the 2024 stock option incentive plan [1][2] Group 1 - The company held its sixth board meeting on July 14, 2025, where it approved the proposal to cancel part of the stock options [1] - A total of 285,000 stock options granted to the 7 departing incentive targets will be canceled as they no longer meet the criteria [1] - Additionally, 825,900 stock options for 42 incentive targets will be canceled due to the company's performance not meeting the required standards for the first exercise period [1] Group 2 - The company submitted the application for the cancellation of the stock options to China Securities Depository and Clearing Corporation Limited Shanghai Branch [2] - The cancellation of the 1,110,900 stock options was completed on July 17, 2025, after review and confirmation by the China Clearing Shanghai Branch [2] - This stock option cancellation will not affect the company's share capital [2]