
Core Viewpoint - Shenzhen Inovance Technology Co., Ltd. has announced the commencement of the second exercise period for its sixth stock option incentive plan, allowing 225 eligible participants to exercise a total of 371,727 stock options at a price of 59.90 yuan per option [1][2]. Group 1: Stock Option Details - The stock options available for exercise are priced at 59.90 yuan each, with a total of 371,727 options available for 225 eligible participants, representing 0.0138% of the company's total share capital [1]. - The exercise of stock options will be subject to adjustments in case of dividends, capital increases, stock splits, or other corporate actions [2]. - The exercise must occur within the specified period, and any unexercised options will automatically expire [2]. Group 2: Financial Impact - The company will recognize the fair value of the stock options based on the closing price on the grant date, and will adjust the expected number of exercisable options based on performance indicators and actual exercise numbers [2][3]. - If all options are exercised, the total share capital will increase by 371,727 shares, which may dilute the earnings per share but will not significantly impact the company's financial condition or operational results [2]. Group 3: Fund Utilization and Tax Arrangements - Funds raised from the exercise of stock options will be used to supplement the company's working capital [3]. - The individual income tax obligations of the participants will be borne by them, with the company responsible for withholding and remitting the relevant taxes according to national tax regulations [3]. Group 4: Additional Information - The company will provide updates on the exercise status, changes in incentive participants, adjustments to stock option parameters, and any changes in share distribution resulting from the exercise [3].