SF Holding(SZ:002352) Zheng Quan Zhi Xing·2025-08-29 17:01Core Viewpoint - SF Holding Co., Ltd. has adjusted the exercise price of its 2022 A-share stock option incentive plan from RMB 40.199 per share to RMB 39.761 per share following the implementation of a cash dividend distribution [1][6]. Summary by Sections Approval Process and Disclosure - The adjustment of the exercise price was approved during the 23rd meeting of the sixth board of directors held on August 28, 2025, and was based on the authorization from the company's second extraordinary general meeting in 2022 [1]. - The independent directors provided independent opinions on the adjustment [1]. Monitoring and Verification - The fifth supervisory board meeting verified the list of incentive objects and approved relevant documents related to the incentive plan [2]. - Throughout the public notice period, no objections were raised regarding the proposed list of incentive objects [2]. Adjustment Reasons and Results - The adjustment was necessitated by the cash dividend distribution plan announced on July 9, 2025, which involved a cash dividend of RMB 4.4 per 10 shares [6]. - The adjusted exercise price was calculated using the formula P = P0 - V, resulting in a new exercise price of approximately RMB 39.761 per share after accounting for the cash dividend [6]. Impact on the Company - The adjustment of the exercise price is not expected to have a significant impact on the company's financial status or operational results, nor will it affect the stability of the management team or the implementation of the stock option incentive plan [6]. Supervisory Board Opinion - The supervisory board confirmed that the adjustment complies with relevant laws and regulations and does not harm shareholder interests [6][7]. Legal Opinion - The legal opinion from Shanghai Chengming Zezheng Law Firm confirmed that the necessary approvals and authorizations for the adjustment have been obtained, aligning with the relevant regulations [7].