Inovance(SZ:300124) Zheng Quan Zhi Xing·2025-08-26 16:14Core Viewpoint - The company announced the cancellation of a total of 316,056 stock options from its sixth equity incentive plan due to various reasons including employee departures and performance assessments [1][4][6]. Summary of the Sixth Equity Incentive Plan - The sixth equity incentive plan was approved to grant stock rights to 865 incentive objects, totaling up to 23.22 million shares, with 12.87 million stock options granted at an exercise price of 61.12 yuan per share [1][2]. - Following adjustments, the number of incentive objects was reduced to 864, and the total granted rights were adjusted to 23.21 million shares [2]. - The first grant date for stock options was set for August 12, 2022, with the first registration completed by September 27, 2022 [3]. Adjustments and Cancellations - Due to employee departures and performance evaluations, the number of incentive objects was further reduced to 837, with the total stock options granted adjusted to 12.73 million [3]. - A total of 1,599,891 stock options were canceled due to various reasons, including 238,350 options from 32 departing employees and 51,287 options from 124 employees who did not meet performance criteria [5][6]. Impact on Financials - The cancellation of stock options is not expected to have a significant impact on the company's financial status or operational performance, and the sixth equity incentive plan will continue to be implemented [7]. Legal Compliance - The cancellation of stock options has been approved and authorized in accordance with relevant regulations, ensuring compliance with the management measures for listed company equity incentives [7].