AVCON(SZ:300074) Zheng Quan Zhi Xing·2025-07-31 16:38Core Viewpoint - The report discusses the cancellation of certain stock options under the 2022 stock option incentive plan of Huaping Information Technology Co., Ltd, indicating that this action will not significantly impact the company's financial status or operations [5][6]. Group 1: Stock Option Incentive Plan - The company has completed the necessary procedures for the stock option incentive plan, including the approval of various proposals related to the plan [2][3]. - The first exercise period for the stock options was achieved, allowing 225 participants to exercise a total of 7.6334 million stock options, with 28,700 options remaining unexercised [5]. Group 2: Cancellation of Stock Options - The company plans to cancel the 28,700 stock options that were granted but not exercised, in accordance with relevant regulations [5]. - This cancellation is authorized by the company's fourth extraordinary general meeting and does not require further shareholder approval [6]. Group 3: Compliance and Disclosure - The independent financial advisor confirms that the cancellation of stock options has followed the necessary review procedures and disclosure obligations as per applicable regulations [6]. - The company is required to apply for the cancellation of stock options with the Shenzhen Stock Exchange and the registration settlement company, ensuring timely information disclosure [6].