Freelynet(SH:603602) Zheng Quan Zhi Xing·2025-08-25 16:30Core Viewpoint - The company has announced the achievement of the exercise conditions for the first exercise period of its 2023 stock option incentive plan, allowing eligible participants to exercise their options [2][5]. Group 1: Stock Option Incentive Plan - The company held meetings on July 28, 2025, where the board approved the exercise conditions for the stock options under the 2023 incentive plan [2]. - The first exercise period for the initial grant and the reserved grant (first batch) is set from August 29, 2025, to July 10, 2026 [2]. - A total of 102,000 options are available for exercise, with 80,000 options for the initial grant and 22,000 options for the reserved grant [3][5]. Group 2: Eligible Participants - The exercise is available to five individuals, including key management personnel [3]. - The breakdown of options includes 64,000 for the executive vice president and 22,000 for another director, with additional options for middle management and core personnel [4]. - The total options exercised represent 27.94% of the total options granted under the incentive plan [5].