Hundsun(SH:600570) Zheng Quan Zhi Xing·2025-08-22 14:17Core Viewpoint - The company announced the cancellation of a portion of stock options from its 2022 stock option incentive plan due to unmet performance conditions for the third exercise period, totaling 6.466547 million options [1][2][3]. Group 1: Stock Option Incentive Plan - The board of directors and the supervisory board approved the cancellation of stock options that were granted but not exercised due to the failure to meet performance conditions [1]. - The total number of stock options being canceled includes 6.33848 million options due to unmet performance criteria and 128,067 options from five individuals who no longer qualify as incentive targets [1][2]. - The cancellation process is in compliance with the relevant regulations and does not require further shareholder approval [1][3]. Group 2: Impact and Compliance - The cancellation of stock options will not have a substantial impact on the company's financial status or operational results [1][2]. - The remuneration and assessment committee, as well as the supervisory board, both agree that the cancellation aligns with regulatory requirements and does not harm the interests of the company or its shareholders [2][3]. - Legal opinions confirm that the necessary approvals and authorizations for the cancellation have been obtained, and the actions comply with the relevant regulations [3].