WG Tech(SH:603773) Zheng Quan Zhi Xing·2025-07-25 16:14Core Points - The company announced the completion of the cancellation of certain stock options and restricted stock under the 2023 stock option and restricted stock incentive plan [1][2][3] Summary by Sections Announcement Details - The board of directors and all directors of the company confirmed that the announcement contains no false records, misleading statements, or major omissions, and they bear legal responsibility for its authenticity, accuracy, and completeness [1] - The board approved the proposal to cancel certain stock options and repurchase restricted stocks during the 24th meeting of the 4th board of directors and the 21st meeting of the 4th supervisory board held on July 21, 2025 [1] Cancellation of Stock Options - Due to two initial grant incentive objects leaving the company for personal reasons, the board agreed to cancel their qualifications and revoke a total of 91,000 stock options that had been granted but not exercised [2] - Additionally, 364,000 stock options that were not fully exercised by one incentive object during the first exercise period were also canceled, resulting in a total cancellation of 455,000 stock options [2] Completion of Cancellation Process - The company submitted the application for the cancellation of the stock options to China Securities Depository and Clearing Corporation Limited Shanghai Branch, which confirmed the cancellation process was completed on July 24, 2025 [3] - The canceled stock options had not been exercised, and the cancellation will not affect the company's share capital [3] - The cancellation of stock options complies with the relevant provisions of the Management Measures and the Incentive Plan Draft [3]