DING LONG(SZ:300054) Zheng Quan Zhi Xing·2025-07-18 16:25Core Viewpoint - The company has approved an adjustment to the exercise price of its 2024 stock option incentive plan, reducing it from 19.03 yuan per share to 18.93 yuan per share due to a dividend distribution, which will not materially affect the company's financial status or operating results [3][4][5]. Group 1: Stock Option Incentive Plan - The company held its sixth board meeting on July 18, 2025, where it approved the adjustment of the exercise price for the 2024 stock option incentive plan [1]. - The stock option incentive plan has undergone necessary decision-making procedures and information disclosure, including the approval of the incentive object list by the supervisory board [2]. - A total of 2,499.90 million stock options were granted to 291 incentive objects, with the first exercise period conditions met for 278 of them, allowing them to exercise 977.52 million stock options [3][4]. Group 2: Adjustment Methodology - The adjustment of the exercise price is based on the company's regulations, which state that any dividend distribution or similar actions prior to the exercise must lead to a corresponding adjustment in the exercise price [4]. - The formula used for the adjustment is P = P0 - V, where P0 is the original exercise price and V is the dividend per share [4]. Group 3: Legal and Compliance - The legal opinion from Hunan Qiyuan Law Firm confirms that the company has fulfilled the necessary approvals and authorizations for the adjustment, complying with relevant regulations [5]. - The audit committee of the board has reviewed and agreed that the adjustment aligns with the management regulations and does not harm the interests of the company or its shareholders [4][5].