BOE(SZ:000725) Zheng Quan Zhi Xing·2025-08-27 14:15Core Viewpoint - The announcement details the achievement of the exercise conditions for the third exercise period of the stock option and restricted stock incentive plan of BOE Technology Group Co., Ltd. for 2020, allowing eligible participants to exercise their options [1][18]. Implementation of the Incentive Plan - The incentive plan has undergone necessary approval procedures, including reviews by the supervisory board and independent advisors, ensuring compliance with relevant regulations [1][2][18]. - The plan was approved by the shareholders' meeting, and the company has publicly disclosed the list of eligible participants [1][2]. Granting of Stock Options and Restricted Stocks - As of December 21, 2020, the company granted 321,813,800 shares of restricted stock to 793 participants and 596,229,700 stock options to 1,988 participants [4][8]. - Adjustments were made to the number of participants and the quantity of stock options and restricted stocks granted due to various reasons, including resignations [8][9]. Achievement of Exercise Conditions - The exercise conditions for the third exercise period have been met, with a 33% exercise ratio, and the exercise method is centralized [14][18]. - Specific conditions include no adverse audit opinions and no violations of regulations by the company or the participants [14][18]. Financial Impact and Compliance - The exercise of stock options is not expected to significantly impact the company's financial status or operational results, and the shareholding structure will remain compliant with listing requirements [17][18]. - The company has obtained necessary approvals and authorizations for the exercise of stock options, ensuring compliance with relevant laws and regulations [18][19].